What Will Happen Next Week On The Stock Market

With the NeverLossTrading concept all we care is that the markets move and if they don’t, we use a natural strategy to make money.
Surely we make our market assumptions prior to market opening – and here we go:

Taking the S&P 500 as our leading indicator: On Friday we bounced off the lower line of the overall uptrend. We assume the market to open to the upside on Monday, facing resistance at 1160 and support at 1130. This gives us a pretty good trading range. Friday closed at: 1135.68.

When the S&P 500 open on Monday above 1136 we go long and if it opens below we go short.

Long Target: 1155

Short Target: 1110

At the long/short target we will revisit our strategy.

Let the market prove us right or wrong, we are in it and benefit from any trade direction that establishes.

Good Trading,

http://NeverLossTrading.com