As We Await What Today Brings

As I sit here just prior to about ~8:30am ET looking at what has happened, as well as what is happening, regarding the “markets” on this Quarter Ending day is: If you thought 4600 wasn’t really all that important? Below is the S&P 500™ futures since the close of yesterday through till this writing via one minute intervals. To wit:

(Chart Source)

As always, we shall see. But it’s pretty easy to notice that the algos were focused on one level and one level only.

Funny how that happens, no?

© 2022 Mark St.Cyr

Note: This is not trading or investing advice of any sort. This commentary is for “big picture” discussion purposes only. Please read, or re-read the “About This Site” page for any questions or clarifications.