Filled the Gap / on the fence
Leatn to trade with Mr Topstep
Rich “RAC” Canlione, The NKO Group – Footnote:We in the financial services community recognize the passing of Mark Hanes of CNBC Squawk on the St. and send condolences to the Family and friends .
Filled the SPX cash gap , this is usually a good for a base building bounce
technically. Look for a bounce back to recover the gap SPX 1319.12 , do not get married to
this trade.
Two Large Econ. releases tomorrow : GDP and Jobless claims , keep an eye on 4 Wk
Avg in claims over 400K . If these numbers are very bad i would look to see SP
Futures trade down to a 4/18/11 low of 1292 area and re-validate that momentum low.
SPX Gap 1319.12 , Wkly close over projects 1335 / 1340 area.
Tags: cme, market flow, mr topstep, rich canlione, trade with the pros
