Friday’s action was muted. Tight trading range. Edge only generated 19 signals. Here are the top signals generated on Friday.
Plan for Monday Nov 25
SPY 0.00%↑
I’ll be watching both sides of the range for a trade. Overall tight consolidation all last week. looking for either a failed breakout over 455.50 or rejection of 455 and a break of 453.20 targeting 452 and 449.
I’ll be watching 112/113 for a dip buy and clearance of 116.50 otherwise we might get a pull back into 105 before pushing past 125.
If 116 is tested and fails, will also consider a short.
Overall market downside in stock market likely no going to come unless BTC breaks 32k.