daytrading oct 18 morning

  1. 9,428 Posts.
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    Good morning traders

    Thanks HLL, great market wrap.

    S & P 500 index, after 3 positive days is approaching the top of the range it has been trading in for over a month. Will this third attempt be able to break through or will it be rejected again ??

    Positive home building figures from the US would seem to point a northerly direction. A couple of US home builders I watch , Pulte group and KB homes, have broken recent highs on solid volume.

    Check your open orders and good luck.

    P.S. Trees I'm having a long weekend so won't be around tomorrow or monday so if you could do the honors TIA


 
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