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- Beware banks closed on Monday and Israel ready to go.
Beware banks closed on Monday and Israel ready to go.
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Our View
It's all been fun and games on the upside, but then you may want to be a tad more careful over the weekend.
Periods of low volume, grinding ranges, and some upward back-and-fill patterns have pushed the ES to new highs. Every negative is a buy, but for how long? Maybe we can go up a little higher, but Israel’s security cabinet will vote on its response to Iran’s ballistic missile attack, an Israeli official told CNN. Earlier, Defense Minister Yoav Gallant said the retaliation would be “powerful, precise, and above all – surprising.”
This situation isn't getting better, and it's not going away. Even the PitBull agreed, but he said he thought Israel would attack Saturday night. All I know is the ES made a new all-time high on very light volume.