Friday, February 4, 2022

Morning Post 02/04/2022 SPX

The world is fighting back and gaining ground as states begin dropping CCP virus restrictions. This is good. Now can we stand up to China influence? 

Good vs evil 

On to the lie - 

Minis flat after being up over 50 points. Yesterday’s cash open nearly perfectly gaped the daily 100/20 ma bear cross leading to a 111 point drop after a 8 day binge taking back all but the 50ma. What now? Is the PPT closed for the weekend? We’re back to monitoring the daily 200ma 4442 and weekly 20ma 4370 for support. I wouldn’t be surprised to need to look at resistance numbers, but I’m not going there. 

More to come below. 

Have a good day. 

GL and GB! 

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