There are a lot of earning coming out this week. Most of the big ones start on Tuesday. Because of this, we might see a sideways to slightly downward/upward Monday...at least early on. There is a lot of resistance around the 950 area in the S&P 500. If we break above it tomorrow, we could really take off. If you already have positions in the market, wait for the next big move (or moves). If you are still getting in, watch the market throughout the day tomorrow to see if it gives you some entry patterns. The market is a bit overbought, but that doesn't mean that it has to sell off right here. I've noticed that the market is doing a lot of its "selling off" during the market day. In other words, it is selling off within the day and rallying at or near the close. This creates an illusion that there have been no pull backs.
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