Reply To: Technical Index Trading & Analysis

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#3446
RS2OOO
Keymaster

Stats show 78% to 81% chance of a red close tomorrow with high probability, however, US Cash indices have gone 19 days without 2 consecutive green daily closes which is a new record.

I think tomorrow will close green to make it 2 consecutive up days. I think we’ll see at least 17,480 at some point tomorrow.

Based on all the stats I’d guess that both longs and shorts held over from today will see a profit in the near future.