Market Report Jun 09 2022

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Market Report for Jun 09 2022

S&P 500 and Nasdaq Daily Charts

Market Percent Changes

Intraday Stock Market

Halfway through the week and the majors failed to gather momentum to close the session on a bullish note but did manage to stay above the support levels and are currently trapped in a minor range.

Our volatility indicator is lower than normal as is volume.

We will look to buy on strength but for now, we might want to wait for market momentum to indicate the direction.

Bias is still bullish as long as price can stay able the support.

Let’s go trade!