One great trend I have noticed through the years is that of pre long holiday weekends. The trend is we easily move high on low volume as only the small players are in the market and then when we get back from the holidays the big money gap us down and reverse the gains. Will this happen monday and tuesday I think so.
Today I was hoping for 853/854 area and we went to 856, nice call indeed but I believe we are at the top of the range +/-8 points.
Support sunday night on the futures if we gap down should be 846 and the resistance here should be 861/862 area. Next week should be fun, much fun and I expect up to move up a little move before we head down into the later days of the month.
Have a restful and peaceful weekend.
MARKETJEDI
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