Stocks Creep Higher as Undecided Traders Become Buyers

The stock market rally continues on Wednesday November 28 as undecided traders hit the buy button.

This bounce is taking shape after several retests of support overnight.

The fact that the market held up was a sign that there was buying pressure.

Today traders should continue to look for trades from support to resistance and visa versa.

Today’s action is a part of a larger relief bounce that comes with a broader bearish motion.

Key trading levels are outlined in the video below.

Stock Market Futures Video Update – November 28, 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.

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