Are sellers in control?

20 בדצמ׳ 2024

As we see further weakness in the S&P 500, does it indicate that sellers are in control? The current price structure implies that selling is continuing to come into the market including the opening of the Asia time zone. A parameter for us to pay attention to is how the sellers finish going into the weekend. We are approaching levels that we found buyers before. So, be cautious on the short side.