Evening Update: Slight Nominal Lower Low and Closed Green
In yesterday's Evening SP500 Update I posted:
"If tomorrow we make a new low, I'm thinking it will be nominal."
Today we made a nominal new low but closed green. Tomorrow we need to be in rally mode and make progress towards our first clue that we bottomed. Today's low tagged my lower Fib Level on the nose in the target box and bounced.
Let's see if tonight overnight futures will gives us some insight prior to tomorrow's open.
Best to All,
Chris
"If tomorrow we make a new low, I'm thinking it will be nominal."
Today we made a nominal new low but closed green. Tomorrow we need to be in rally mode and make progress towards our first clue that we bottomed. Today's low tagged my lower Fib Level on the nose in the target box and bounced.
Let's see if tonight overnight futures will gives us some insight prior to tomorrow's open.
Best to All,
Chris
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