Market Needs Follow Through

May 8, 2024
Author: Peter Stolcers, Founder of OneOption
Author
Pete

The breakout above the 50-day MA is meaningless without follow through. We need to see that by the end of the week.

PRE-OPEN MARKET COMMENTS WEDNESDAY - We have the SPY breakout through AVWAPQ and the 50-day MA, but the move came on light volume.

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