Monday June 24, 2019
Economic Calendar & Watch List
US Futures and European markets are slightly higher in early trading. Investors remain cautiously optimistic about the upcoming G20 summit that starts Friday in Japan. China confirmed that Pres. Xi will attend the summit and it is planned that he and Pres. Trump will meet to discuss trade. Asian markets settled the session mostly higher.
The SPY continued to consolidate just below the new all time highs in Friday’s session. Support will first be found the 20EMA at 288.54, the 100SMA at $283.30 ,$281.20 pivot, and the 200SMA at $277.33. Resistance will be time highs at $296.31
Small Cap Watch List
*Please refer to the momentum scanners displayed live in the chat room for potential plays at the market open.
**Others On Watch**
Notable Earnings Before Open
Notable Earnings After Close