- November 23, 2022
- Market News
- Comments : 0
S&P 500 at Risk of Breakout as PMIs Hit but Follow Through Would be a Problem
We are coming into the final ‘full’ trading day of the US holiday-shortened week and there is both a provocative congestion pattern on the S&P 500 and meaningful event risk on tap. A break is possible, but any potential of follow through is capped by liquidity conditions.