First Look: 2022-08-23
S&P 500 futures did make a new swing low in the European morning before a strong bounce took them up to around the Globex hourly 20 EMA before easing back down right to the NY open. It thus has the look for a reverse head and shoulders pattern ready to break up which some traders are playing for right off the open. Probably need past the news at 10:00 t…
Keep reading with a 7-day free trial
Subscribe to Trading On The Mark to keep reading this post and get 7 days of free access to the full post archives.