Last Fri early morning gap up faded sharply by day's end but still SPY managed a 0.55% gain.
Another Monday and bulls are pushing ES futures higher by 40 handles as of now.
World markets are also substantially higher than the close on Fri with China H-shares up 5.67%.
SPY is forming another squeeze and looking ready for a move higher this month.
Squeeze momentum indicator is curling up negating the down slope of last week.
A close above SPY 313.40 will likely propel the index higher.
Another Monday and bulls are pushing ES futures higher by 40 handles as of now.
World markets are also substantially higher than the close on Fri with China H-shares up 5.67%.
SPY is forming another squeeze and looking ready for a move higher this month.
Squeeze momentum indicator is curling up negating the down slope of last week.
A close above SPY 313.40 will likely propel the index higher.
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