Damon Pavlatos: “I was expecting a rise in the price of the S&P500 today, but the gaps can pull the price down”

Damon Pavlatos took to Twitter to analyze the futures of the S & 500, looking at the market profile. He expected today’s rise in price after yesterday, the price has broken above the previous high. He also notes the current consolidation around yesterday’s highest value. However, he does not fail to mention the many gaps down that would be a magnet for the price today or tomorrow. An important pivot zone is the area between 3327 and 3322.

Source: Twitter

Read more:
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance