Futures are off slightly this morning as most every chart we watch are within striking distance of their 200-DMA. It’s no surprise that this is happening just ahead of a market holiday.
Even DB – a stock many have left for dead and one of my favorite canaries in the coal mine — gapped higher and has nearly reached its 200-DMA.
Could we see actual resistance come in at this important moving average or will we see the typical holiday ramp to higher highs?
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