First Look: 2022-11-29
S&P 500 futures initially rose during the Asian session last night but have been under pressure since the European morning such that they gave back the Asian session rise. So far there is a possible double bottom just after the day session open that the market is attempting to use to climb with. My bias is to a new low before a better bounce, but I may have to get over that if they spend much time over 3970.50. If they do push down from here to a new low, watch 3955.00 and 3945.25 for the low of the day.