Friday Wrap: Under-the-hood and Technical Warnings
Two messages came across the board shortly after the markets closed today that neatly sum up what Traders will be (or should be) thinking about this weekend as they prepare for next week.
First up, JC Parets has his ear to the ground and he’s noticed the Dow is whispering something:
— J.C. Parets (@allstarcharts) Mar. 21 at 02:24 PM
That’s a not so fun fact if today’s tease of all-time highs convinced you to go all-in long.
Next up, David Durand issues this technical warning that warrants your attention:
— David Durand (@SunAndStorm) Mar. 21 at 02:28 PM
Here are the intermediate-term levels in $SPY to wrap your head around.
— Hakan Cuceloglu (@turcotrader) Mar. 21 at 01:42 PM
~ Sean McLaughlin (@chicagosean)
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