S&P 500: Drop, Chop & Pop | Trading TSLA, ARKK
Today's selloff is not a surprise. How it's handle will be important
Our View
The higher the market goes, the more unsettled I get. I still don’t think the selloff is over, but at 4600 the ES is almost 400 points off its January low and just over 200 points away from its all-time contract high.
The ES has now hit the 61.8% retracement of its January drop. I’m not going to do a big Our View today. Today’s action comes ahe…