A few scenarios. Tomorrow morning should tell us a lot on where the stock market is headed.
Note
Given that the futures are holding, I think scenario 1 is most likely. However, if the index falls and sustains below support, I do see a retest of the support and possible H&S formation.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.