The market so far is staying in a below average range. Once again, the sellers waited for the market to test the overnight high before jumping into the market. Friday's low did fail as support, but the buyers came back in about 30 minutes before the European close to rebound the market.
Charles
Thanks Energy and Index Trader.
ReplyDeleteThe S&P typically will oscillate between above average and below average range.
I haven't looked at the energy market in over ten years, so I do not have a feel for that market anymore.
Charles