S&P 500 new 52 week high, can we expect more?

08/13/2020 09:04 AM - By Brian Casto
One of the indices put in a new 52-week high yesterday.  Let's look at what that pattern has led to the following day.

Day - Thursday

Opening Gap Direction - Down

Market Status - Yesterday the ES achieved a new 52 week high

Instrument - ES, RTY, NQ, YM

Trading SetUp - Intraday

Market Trend - New Highs Continue

Trade Type - Long

Entry - 9:30 am ET (Market Open)

Exit - 4:15 pm ET (Market Close)

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Brian Casto