Markets push to higher highs today!
In (un)related news:
GDP cut to 2.4% from 3.2% in 4th Quarter. Bad weather continues to be the scape goat.
Fed Chairwoman Janer Yellen rehashed her previous comments this week, but did add a note of concern for recently deteriorating economic news.
Pending home sales just 0.01%, versus 2.9% expectations. That’s a miss.
S&P500:
We have moved higher, but are quickly en crouching the weekly channel resistance.
Of equal concern, volume increasing on sell offs, and decreasing on rallies.
Join us for a complete market analysis this Sunday at 8 PM.
TRADEPRO Academy offers futures education and a live trading room where you can interact with the top mentors to better your futures trading.
If you want to join with us in our live trading room, Check This Out.
If you prefer to trade more passively, check out our newsletter, trade ideas and live analysis in the Elite Trader package here > for Free News Update Click here.
The information contained in this post is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation. TRADEPRO Academy is not responsible for any liabilities arising as a result of your market involvement or individual trade activities.
