Market News

Nasdaq Tumbles Into Red At Open, S&P Breaks Below Key Technical Level

2020 06 29 6 40 59

Nasdaq Tumbles Into Red At Open, S&P Breaks Below Key Technical Level

Tyler Durden

Mon, 06/29/2020 – 09:45

After opening down hard last night, futures went on the standard buying rampage overnight, only to plunge back lower at the cash market open…

S&P and Nasdaq are red from Friday’s close now, and the squeeze in small caps is unwinding fast…

<!–[if IE 9]><![endif]–>

Slapping the S&P 500 back below its 200DMA…

<!–[if IE 9]><![endif]–>

Don’t forget, buy the overnight, sell the day…

<!–[if IE 9]><![endif]–>

Bonds are flat for now.


Source: zerohedge.com

Follow us:
Visited 5 times