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U.S. futures fall that day

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U.S. futures fall that day

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  • S&P 500 Futures -0.2%
  • Nasdaq Futures +0.3%
  • Dow Jones Futures -0.3%

Despite the earlier optimism, this contradicts the more timid and cautious mood of the market as a whole. Stocks have been all over US trading this week and today might be no different. In yesterday’s trading, stocks closed lower and that continues to indicate more cautious sentiment as we look to wrap up the week.

The market seems to be a bit stuck between “it’s just a slight correction” and “ok, it’s going to get bad” and I think only the charts will be able to give us a better idea. A look at the S&P 500 Index:

For now, the bearish bulls are still hanging on, but if we see a break below the October and July lows of last year, that could really see selling pick up in the sessions ahead.

U.S. futures fall that day

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