It is a short week since the market is closed on Monday.
Earning season starts. We want to stay in the market and enjoy the ride, with cautious though.
I feel like that we might see some pull back on Tuesday and Wednesday.。 Last week: ES: 2736-2790. Last two weeks: ES(2674-2790) NQ:6398-6778.
Bull needs to be cautious when more people are bullish about the market. The VIX was up with the market as well on Friday.
Range: 2780+/-5-2805+/-5 . It can't gap up and run away forever. Let's see
Index | Started Week | Ended Week | Change | % Change | YTD % |
DJIA | 25295.87 | 25803.19 | 507.32 | 2.0 | 4.4 |
Nasdaq | 7136.56 | 7261.06 | 124.50 | 1.7 | 5.2 |
S&P 500 | 2743.15 | 2786.24 | 43.09 | 1.6 | 4.2 |
Russell 2000 | 1560.01 | 1591.97 | 31.96 | 2.0 | 3.7 |
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