Snore
A very quiet trade in S&P futures in the difficult range between 1142 and 1138. Earlier, we saw very little buying interest above 1143.
This is the final session of November and, thus far, it is passing by without much of note and a relatively tight range.
Given these dynamics, it might be better on the sidelines at least until after lunch.
In Nasdaq futures, we have traded into the initial resistance area from 1605 to 1610. Above this, the market should make its way up to 1625. Remember, the month’s high is 1648.