Don’t Trust This Market Gap Up

October 13, 2023
Author: Peter Stolcers, Founder of OneOption

There is no overnight move to justify the rally and the back drop is not particularly strong. Here's why I feel that way.

PRE-OPEN MARKET COMMENTS FRIDAY – The market has been able to find support above the 200-day MA, but resistance at the 100-day MA is close by.

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