$SPY was floundering yesterday after news of millions more Americans lost their jobs during the week. After first halh-hour of morning open rumor had $WFC merging with $GS. That lit a fire in the financial sector propelling $SPY higher for a trend day.
At present $ES futures are down -25 handles after WH China rhetoric and dismal retail data.
Battle royale between FED printing press and dismal economic conditions continues.
At present $ES futures are down -25 handles after WH China rhetoric and dismal retail data.
Battle royale between FED printing press and dismal economic conditions continues.