Momentum for Stocks!! 🚀

٢٣ أغسطس ٢٠٢١

After bottoming out at 4355, stocks have reclaimed the 4450's, almost a hundred points higher. We are just a few levels away from all time highs again. We appear to have broken out from an inverse head and shoulders, which is a very bullish sign. Currently, the momentum is letting up for a bit, which suggests that we may see a range day, if we don't see momentum at open. We should see support at 4440. Our next target is the high at 4487.