S&P futures hit an overnight low of about 1890 but have since rallied back hard back up and over the 1900 spot to 1909. We will now look to see if that overnight low printed the bottom. We could also go down and retest it one more time. This sometimes happens. There is a good chance that that is the low, we’ll see. All futures are modestly in the green right now.
Friday is as good a day for a short squeeze as any. Lets see what the bulls have in tank.
See you in the chat room soon.
Joe