Name: Can buyers return on Friday?
Uploaded: 2022-08-11T20:16:25.675442
Channel: DanGramza
Description: On Thursday the S&P 500 made new highs. However, those new highs were made on what I consider selling. This is an indication of weakness going into Friday session. Consumer sentiment report may determine the confidence of buyers going into this weekend. This price structure indicates to be cautious from the long side going into Friday's action.

Trend Analysis Chart Patterns Fundamental Analysis

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On Thursday the S&P 500 made new highs. However, those new highs were made on what I consider selling. This is an indication of weakness going into Friday session. Consumer sentiment report may determine the confidence of buyers going into this weekend. This price structure indicates to be cautious from the long side going into Friday's action.

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