Stocks are set to trade higher on Monday morning as bulls try to conquer the 61.8% Fibonacci retrace level on the S&P 500 (SPY).
Active investors will be watching for any news on the US – China trade talks, as that could be a catalyst this.
In today’s video, we also drill down and look at several trading setups. Here are some top level highlights:
– Futures Point to a Higher Open as the 200-Day Looms as Resistance
– 10-Year Yield is on the Verge of a Breakdown
– Dollar Strength is Impacting Commodities
Stock Market Today Video – February 11, 2019
Twitter: @DanRusso_CMT
Author may have a position in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.
