The month of April is underway. And traders are all bulled up.
Stock market futures are breaking out and up into upside price levels that I noted in our trading room on Friday – 2861 on the S&P 500.
If this bullish posture continues we could stretch up to 2889 this week.
But as usual, be mindful of your edges.
I am bullish on pullbacks but with the gap up they could run deeper – know where your daily/weekly supports are.
The run up means that we don’t chase. Watch supports and be careful around edges… and remain PATIENT.
Stock Market Futures Update – April 1, 2019
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.
