S&P 500 Trading Outlook: Holiday Sizzle Turns Into A Fizzle

It’s holiday week, with turkey day around the corner for investors and stocks.

This typically means a low-volume rally, but the markets have been anything but typical this year.

There is a likelihood that we break out of the current range that we are in but momentum suggests that we return to the noisy patch.

How stock prices react at lower supports will tell the tale.

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Traders are waiting and watching for something to spark a rally as the midterm bounce that everyone expected has not developed. That’s likely the problem…

Stock Market Futures Video Update – November 19, 2018

 

Twitter:  @AnneMarieTrades

The author trades stock market futures every day and may have a position in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.