7500's - Temporary Stall and Return?
7550's or 7320's? Which comes first?
Good afternoon!
It’s a long weekend here in Canada which could bring some liquidity this week to the US markets. After experiencing a big continued bullish break to our 7520’s targets, the market was catching everyone else by surprise. While we were well aware of our odds this past week and over the past 2 months, we are in a very interesting window here post OPEX as we’ve now triggered above 7520 but stalled 7550, yet returned to 7420’s but have yet to digest 7320’s.
The real question is, which end will break first?

