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Traders Agency > Archives for September 16, 2022
Tuesday was the worst day for stocks since 2020. Almost everything was down. Major indexes fell back to a crucial support level shown below in white on the QQQ. This has been a battleground for stocks since June, so it’s not surprising that this is where the selling finally stopped. But this is where the …
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The S&P 500 Set for Potentially Further Downside
Today, we’re looking at the S&P 500 Index (ES). We are looking at the potential for further downside. So let’s take a look at the S&P 500 Index futures contracts… Looking at S&P 500 Futures Contracts Here’s how the chart is shaping up and how we see the market… The ES daily time frame is …
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