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Trading On The Mark
Midday Update: 2023-10-31

Midday Update: 2023-10-31

A holding pattern prior to the FOMC tomorrow

Oct 31, 2023
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Trading On The Mark
Trading On The Mark
Midday Update: 2023-10-31
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There was some softness early in the morning in the S&P 500 but really was just a retest of the lower end of the overnight range. It looks like futures are being pulled up to resistance at 4213.25. There is also a gap overhead around 4212.00 that traders have an eye on. Probably a good idea to sit this out and wait till tomorrow.

Creeping up into 4213.25

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