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No idea up or down from here but if bulls are able to touch the line above then breakout would be likely.
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The latest S&P/Case-Shiller report on home prices is released at 9 a.m. ET.
The latest Chicago purchasing managers index is out at 9:45 a.m. ET. The PMI for March, a month when state governments started issuing stay-at-home orders, is expected to plunge to 40 from February's 49 reading, a number under 50 indicates contraction.
The Conference Board's February consumer confidence index, out at 10 a.m. ET, is seen falling to 110.0 from January's 130.7 reading.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
"NYC’s rich are paying limo drivers to deliver their mail to their Hamptons beach houses"
“I had to be innovative,” Mark Vigliante, the president of M&V Limousine Limited... There wasn’t a choice. This was it. I had to work.
"...for “hundreds of dollars,” his drivers will pick up customers’ mail from their Upper East Side and Upper West Side apartments, and bring them to their homes out on the shore.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.