April 29, 2018 | Quiet Action Near a Key Threshold

Quiet buying Sunday night has pushed index futures to a decisive level where just a little more progress would tip the short-term outlook sharply in bulls’ favor. They had more inspiration from AMZN’s crazed rally last week than they could handle, but merely playing catch-up in the days ahead is likely to lend buoyancy to the broad averages. For precise benchmarks, check out my latest update for the June E-Mini S&P contract. If you don’t subscribe but would like a free peek, click here for a no-risk trial subscription. It will give you access to Rick’s Picks, including the chat room, touts and impromptu ‘requests’ sessions for two weeks
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Rick Ackerman April 29th, 2018
Posted In: Rick's Picks
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