S&P 500 E-Mini Selloff Takes Hold as Bulls Left Disappointed
From Investing.com:
The S&P Emini market gapped down and sold off after a three-day rally, still in a trading range from late December. Bulls eye the March 2022 high, but bears are halting buying. Emini is up 16 points in the overnight session, signaling an upside breakout. Traders should anticipate sideways market open and watch for opening swing. Weekly support and resistance key on Friday. Yesterday’s setups showcase buy and sell entry bars, with most setups not leading to swing trades. Traders must manage risk and consider alternative markets like the Micro Emini for lower risk trades.
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