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Going Sideways 10/25/21

This is a syndicated repost published with the permission of Stool Pigeons Wire at Capitalstool.com. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

You would think that I could come up with a more clickbaity headline than that, but alas, it is what it is. The S&P fucutures have been hovering just above the 4535-45 support band on the chart all night.

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Where do I think they go from here? Why, up of course. 😑

Or maybe down for a bit if they break 4535. But there’s more sport around 4515-18. They’d need to break that to get a real downdraft going.
This is just the intraday look. For more: Stocks Look Ready for Another Liftoff

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