As investors await the market's verdict, here are some clues on how the future may develop.The full post can be found here.
Waiting for the gap fill
November 20, 2024 at 16:08 PM EST
Mid-week market update: The decline in the S&P 500 seems to have been arrested at its 20 dma (blue line). The next question is which price gap gets filled first. A fill of the upside gap (in grey) would be positive for the bull case, while a fill of the downside gap (in pink) would indicate that the bears have seized control of the tape. 
As investors await the market's verdict, here are some clues on how the future may develop.
As investors await the market's verdict, here are some clues on how the future may develop.