A Quiet Range
S&P futures (December contract) are trading in the 1045-1048 area. The trade has quieted down substantially at mid-day. However, if this market settles here, this is not a bullish signal.
Nasdaq futures are trading at 1259. Earlier, we were unable to hold above 1290. Now there are some concerns about the Semiconductors. As always, keep your eye on the Semiconductor Index
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PowerRating). It will undoubtedly hold the key for Nasdaq futures trading this afternoon at the least.