CME_MINI:ES1! S&P 500 E-mini Futures
Tremendous in the S&P 500 on Tuesday. A big break to the downside and a rally which left a large shadow on the lows of the candle chart. My interpretation is that buyers came back into the market and that is what caused the large shadow on the lows. The issues now are will the fundamental data coming out on Wednesday support the buyers continuing to push this market higher. This type of market movement is my expectation for Wednesday's trade action.