Hello Everyone,
Man wild action and did I say that I HATE news-driven markets!
Futures were very strongly down on Sunday evening with ES futures down -150 points, only to stage a miraculous recovery with the S&P 500 closing up 56 points (basically a 210 point plus reversal off the overnight lows), Nasdaq QQQ gained +1.4%. Crude Oil, which hit a high of $120 overnight staged the same reversal and closed at 81.2.
Let's review the charts
Matt