Wk29: Market Forecast

19 Jul

In the week ahead look for these news announcements to act as potential market movers
While economic news is light, we are in the thick of earnings season so expect wild price action and a lot of opening gaps. Remember, gaps tend to fill so fading the opening move is typically the first trade of the morning from an intraday perspective. We are expecting some sideways action, but will be watching out for a potential reversal forming a higher low. It is still possible to break lows on the year.

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