Historically, the day after Memorial Day has been good for Dow Jones Industrial Averages. It was up 21 out of last 29 years. Now make that out of 30 years. After a big week it was expected for the market to take a breather, even though the pre-open bias was still to the upside. However,…
Directional Bias For The Day: Odds are good for the market to follow through after last week’s big gain and Friday’s late breakout above an ascending triangle Europe may be a drag based upon the economic reports, its stock markets’ performance for the week and because of the uncertainty before the ECB’s rate-decision on Thursday Watch the opening range…
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