One thing that will be interesting to see is if the Bull Flag mentioned in post below breaks out higher in the ES overnite, AND THEN ALSO overnite the ES reverses lower. If THAT happens then it would cause a gap DOWN open in SPX on Monday 9:30 AM. However, respect multiple support levels below where buyers might wait or shorts will cover, holding prices up.
So we will need to wait and see how this plays out.
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
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