All the back-and-filling has finally led to running the buy stops we have been talking about from 1689 to 1693
Everything looked great until the MIM showed 94% sell side and down when the S&Ps…
SPU high 1694.00
SPU low 1680.30
SPU last 1683.00 , down 1.8 handles
Total volume BIB 1.8mil and 3k SPUs trade in the pit
MOC: SPX 4.3bil for sale
Tomorrow: Motor Vehicle Sales, Challenger Job Cut report, Jobless claims, PMI Mfg index, ISM MFG Index,
Construction spending, Nat gas numbers, Fed balance sheet and money supply
All the Fed hoopla and the only change to the wording is concern over high mortgage rates
