.. that's the big question for tomorrow's GDP report. First of all, we have a small change in the MCO, which is the signal for a possible large move coming in the next few trading sessions. Second of all, this was not a very good bullish confirmation day for more upside, but we're used to surprises, so normal TA in that respect has to be taken with a grain of salt. Lastly, it appears we have a bearish dark cloud cover candlestick on SPY EOD, but it needs to confirm tomorrow.
A few charts and some interesting things to keep in mind on the daily charts going forward.
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Good trading to you all tomorrow! Don’t let me down- take their money and run!
How about a little spaghetti western music to get you in the mood for trading on Friday? Buon Appetito. Mwahahahaha
