Market Breakout This Week

January 30, 2023
Author: Peter Stolcers, Founder of OneOption

The news does not get any bigger and the market is coiling like a spring.

PRE-OPEN MARKET COMMENTS MONDAY – This is going to be a very important week. Earnings and interest rates drive the market and we are going to hear from META, AAPL, AMZN and GOOG this week. We are also going to hear from the FOMC on Wednesday. The market is coiling like a spring inside of a D1 wedge and we are going to breakout one way or the other this week.

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