MarketMatt Channel commented on a stock · Dec 5, 2023 06:44

Tuesday premarket analysis

Good morning everybody, Tuesday, premarket, posting above Moody, cuts China’s credit Outlook to negative. This will have an effect on the Chinese market for a few days. Looking at our market specifically the SPY - Friday’s top was $459 and change. Monday’s top was $458 and change. The dark pool levels posted above are somewhat limited. You can see the two largest levels $454.76 is right below where we are premarket at $455.12. Bull case scenario SPY drops to 454.40 and up to 457.60. Bear 🐻 case, SPY gets bought up to 456.64 and than drops to 452.94. Good luck to everyone today. ✅

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