Hi Traders -

It's been a while since my last post and I figured I share this one with you guys. In the chart, I lay out the two most likely scenarios on each side of the trade. Personally, I believe there will be upward pressure here, because of the sheer amount of upside.
However, we will have to see the overnight price action and pre-market before making an accurate judgement on which way we will move.

Sincerely,
Mike (UPRIGHT Trading)


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Beyond Technical AnalysisChart PatternsSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) spyanalysisspyforcastspylongspyshortTrend Analysis

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