Support or Roll Over?

The S&P 500 (SPX) hit the 200 simple moving average (SMA) on Friday. The question from here is, will the market hold the 200 SMA, or will it continue lower? The Put/Call ratio shows many people buying puts, and we still have a daily squeeze on the SPX.

Let’s take a look at my game plan for next week:

 

Earnings season is here, and there are massive opportunities at play. Check out my good friend and colleague, Danielle Shay’s strategy she has been using every earnings season this year. Watch her most recent webinar here.

Stay Focused,

Taylor Horton