$SPY gapped up on the heels of $ES futures bullish action yesterday, but sellers showed up at the open and slammed $SPY down to a low of -0.7%, before buy the dip crowd showed up and closed SPY at the high of the day, firmly above its 200 DMA.
The S&P 500 advanced 1.5% on Wednesday. Advance led by many of the value-oriented stocks. IWM (+3.1%) outperformed again.
$ES futures are flat and pointing to $SPY open higher by about 0.05% at this time..
The S&P 500 advanced 1.5% on Wednesday. Advance led by many of the value-oriented stocks. IWM (+3.1%) outperformed again.
$ES futures are flat and pointing to $SPY open higher by about 0.05% at this time..