Traders came into the morning hours desperate for a bounce. But S&P 500 futures aren’t obliging.
Buyers have swooped in several times in recent days to minimize damage but chances seem dim that support will hold.
Stocks look likely to fall further.
Is this a sea changes of sorts for traders?
The failure to recapture lost support after a string of deep days could be a sea change not seen in a long time…
Stay focused and aware of key price levels and patterns.
The Futures In Five – October 10, 2018
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The author trades stock market futures every day and may have a position in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.