Recap for November 10th/Look ahead for November 11th

We had a "bob and weave" day on Tuesday as Monday’s trend day got digested. Yesterday’s aforementioned 78.6% Fibonacci retracement break still held, so the upside target for now is still a test of highs on the $SPX.

If Tuesday was just a pause day, then we have a good chance to rocket to those highs early on Wednesday. If it was something more, like a last gasp, then we could turn right here. Volume has been light on this bounce, but that does not mean we can’t go higher.

Wednesday is Veteran’s day, and in my opinion it is a travesty that the market is even open. The true heroes of this Country are not even given the courtesy of a day of respect. I for one will be sporadic at best, so don’t look for many updates.

Tiny
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Earnings for Wednesday November 11th

Before the Open: ALLT, APU, CAE, FLO, M, UGI.

After the Close: AAP, ANW, AMAT, CGA, CTFO, CSC, CTRP, DAC, DNDN, GMCR, HRC, KONG, MDTH, TTEK, WES.