HomeMarketsU.S. EconomySPX Bearish Flows Emerges, But Key Levels Remain Intact

SPX Bearish Flows Emerges, But Key Levels Remain Intact

Despite choppy market action ahead of tomorrow’s employment data and Fed Chair Powell’s statement, bearish put flow with extended durations is starting to pick up. However, as long as the S&P 500 holds above the critical 5,650 level, the broader market continues to signal a bullish trend. Bulls remain in control unless this key support level breaks.

Market On Close

25 Sep 2024

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