TradersUltimateEdge

ES Levels 9/28 - What the heck happened?

CME_MINI:ES1!   S&P 500 E-mini Futures
Technical factors (trendline and fib breakage along with head and shoulders pattern) combined with fundamentals (debt ceiling, consumer confidence report) kind of collided in a perfect storm to drop the markets today. I discuss the reasons why and where I found evidence of institutional buying today.

WSJ article referenced in the video: www.wsj.com/art...sed-11632835248?mod=hp_lea...

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