First Look: 2022-05-05
S&P 500 futures started correcting lower in the European morning and that has leaked into the NY day session open. I favor a bounce attempt from 4245.25 or 4232.75 but not clear that is the low for the day as a consolidation day after the run up from the FOMC makes sense to me. We could get at retest of that support or even lower later in the day. Best …
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