- Daily Trading Set-ups & Analysis
DOW, S&P 500, SPI Futures (Monthly cycles)
All futures markets have reached their January & 1st Quarterly highs on Thursday.
My view is that after a 3+ week trending period, markets as of next week (or even tonight) will begin retesting the trailling 5-day lows to begin the new month of February.
Basically January's highs are resistance zones that can last for the next 5-days.
January's highs:- DOW 13800, S&P 1496, SPI 4792
Posted by Frank Dilernia