Good morning,
close of over night markets this morning,
DOW + 161, S+P + 23, SPI - 40,
Well price tickled its 13 ema yesterday, also the support on chart ( green line )
price opened high and closed lower,we will see on Monday if strong enough to support price, next support is sitting at .60, 21 ema is sitting at 61, for support,
Gap fill is sitting at .57, ideally it gets filled for a stable floor for price, so then it has nothing to come back for, we will see,
our market will open up lower, down 40 points on open, we will see what is cooking around 11 am.if she will rally or fall further.
look to the upper right hand corner on chart to see where her ema's are sitting..
on that note,
have a great weekend and take care
chart below
ac
PM8 Chart., page-48
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