Market Forecast

My Magic 8 Ball is saying we are going to start to sell off this large 2 day run up. 1) We are at resistance, 2) Intraday chart shows no follow thru, 3) Volume was less on Friday than Thursday. 4) News has been priced in IMO. 5) This bail out is just an outline as the deal is not done yet. 6) Since this will drag on into next week I would expect some very wild swings. The SPY/SPX hit a 50% retracement on the weekly chart and closed at the 61.8% retracement (Bullish).