Monday, January 22, 2018
NQ Guideline For Tuesday
The stock market was engineered to rally for the government funding agreement. Buy programs was triggered soon after the open and continued all day into the close.
With the Fed certain to want to project a positive spin on the funding agreement, buy programs should continue a while longer.
Whether or not Tuesday will be another large rally day would depends on whether or not they are going to trigger another large buy programs, without which, we could expect a sideways consolidation type of day on Tuesday.