A.M. Look 9/25/20

Market sentiment faded all night as the world has come to the realization that the likelihood of further stimulus
seems unrealistic.

Spoo’s failed 3 times over the past 16 hours at key upside hurdles.


The weekend news cycle will be dominated by a lower close on the year in the Spoo’s if we close here.

DJI…26,197 ┬áMonthly ORL sell stops

Russell has been failing @ its 200 DMA.

Technical models are broken.

Breaching the closing support levels in the Spreads will lead to a big equidistant swing lower.

Trade the early price action and don’t get married to anything!

Do not fade late day price action with the Spoo & Nasd.

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