Midday S&P 500 Futures Update: 2024-08-14
Not clear the [A] wave high has been set
A fairly active morning post the CPI numbers where the first move was down into about 10:30 which was a test of old resistance turned to support at 5442.25 at which point buyers stepped in with some force to drive S&P 500 futures to a new high on the day. Is that good enough for the expected [A] high? Maybe. After that just post noon high, there has bee…
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