All’s Quiet
S&P futures are trading at 1084.20 in a quiet market with little activity.
In the short run, we have key support between 1082.50 and 1082. We need to trade below and hold this area for a downside extension.
Nasdaq futures at 1375, below the session highs of 1385. The market moved higher when the Semiconductors
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$SOX.X |
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PowerRating) were able to find support earlier this session. Keep an eye on the SOX for an indication of the direction of the trade this afternoon. But note that the trade ahs been thin at higher levels.