I’ll have to wait until after the regular session is underway before trying to make heads or tails of the near-term direction of the market. As of shortly before the opening bell, we have some unusual disparities between the various index futures, with /RTY (small caps) pinned at the lock-limit up max. of 7%, /ES (S&P 500) +4.4%, and /NQ lagging behind at a paltry 0.8%, and that’s after going well into the red earlier today & recovering over 2% of those losses.
Unusual Disparity With Index Futures
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