#SPY: Bearish 'Inside Doji'
Markets closed Friday with bearish inside doji across indices although on lighter volume.
#ES futures are again pointing to a gap down open but not limit down. A small change considering recent past action.
If bulls are to take control then trading first above daily pivot of 255.09 and then above Friday's high will go a long way in instilling some confidence that the market bottom may have formed. However, bears still have the upper hand.
#ES futures are again pointing to a gap down open but not limit down. A small change considering recent past action.
If bulls are to take control then trading first above daily pivot of 255.09 and then above Friday's high will go a long way in instilling some confidence that the market bottom may have formed. However, bears still have the upper hand.
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