Chart of the Day: Trading the S&P 500 and the S&P Futures
As Danny Riley will note in this morning’s Opening Print, Wednesday’s price action was tough. Trading the S&P 500 or its futures contract was not an easy task. The latter shed 2.1% in the session, dropping more than 87 points. The Dow didn’t fare much better. The futures contract dumped 675 points, falling 1.97% on the day. That followed Tuesday’s session, where the index fell 485 points and after it made new all-time highs on Monday. The undercurrents in the market have been tough, with some groups performing well and some groups performing dreadfully (looking at you, growth stoc...
Source: mrtopstep.com