Quick Note: Narrow range (consolidation) day with the SPX trading within last Friday's gap and the pivots from last night. Tomorrow morning the PCE price index will be released so likely to see a gap depending upon that number. For now, I'm still looking for a more complex correction upward but IF the 3750 area is breached then the lower gap becomes an immediate target.
SPX must reclaim 3850 for upside progress
Please take a moment to look at the trade ideas.