1278 1277 support futures bounced off first time . Seee if that holds.no real high or low ticks so far . most of volume action below opening
nflx gs aapl down sideways down on 5 min charts . 1274 next suuport if , that if mkt breaks. noreal big move in ticks
FWIW: SPX 1287.75. FV 1365.99. This is in grave danger of going red. I know it doesn't seem likely, but NQ is horribly divergent on the wrong side of direction. Model on the other hand strongly disagrees.
Banks just got a boost . mkt held so far . again no big move in ticks. expiration can be tricky , choppy
most of action below opening .made lower high . looks like trend is lower . got nice -800 tick. bank new could not hold em. weakness continues till 2 :30 . then plunge protection comes in perhaps?
FWIW: SPX 1279.16. FV 1370.57. Options expiration, the weekend, geopolitical uncertainty, G7 intervention. Probably worth a good 75 handles if all was right. Model is saying that if you think the worst is over, do more than dip toes long here.