DanGramza

Is this down move sustainable?

CME_MINI_DL:ES1!   S&P 500 E-mini Futures
Is the down move in the S&P 500 on Thursday a sustainable move to lower levels? The move down was primarily due to comments made by the Fed regarding the possibility of a future increase in interest rates. I am not looking for another large move to the downside unless we get new fundamentals to increase the uncertainty in the S&P 500.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.