The market is a bit extended, so keep that in mind this week. On the weekly chart, many names are trading at 3+ average true range (ATR) away from the mean, so probabilities-wise we are closer to the end of the move than the beginning. We are continuing to see Big 3 Buy Signals on the SPX, and we could still see a push into $5,000. One thing to watch is the hourly Big 3 Squeeze on the ES Futures.
Stay Focused,
Taylor Horton
