This week, some of us might have felt like it had 7 trading days instead of the usual: mainly due to the high market activity and the barrage of significant news events that unfolded.
As of now, the SPX is trading at about the 50% retracement from last Friday’s high and Monday’s low which is much higher than anticipated Monday at the open. It is a sign of strength to consider. BoE in London lowered rates and Crude is continuing to trade lower and holding key levels around 70.
Here are the tops news for today:
Enjoy the weekend! This week day trading paid off!
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