Major Economic Releases Friday

August 31, 2023
Author: Peter Stolcers, Founder of OneOption
Author
Pete

Here is the trading game plan today.

PRE-OPEN MARKET COMMENTS THURSDAY – This week the market rallied through the 50-day MA, the downward sloping trendline that started in August and above horizontal resistance at the AWWAPQ. This was a key technical resistance level and that bodes well for this bounce because the move came on good volume. Overseas markets were marginally higher.

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