S&P 500 Futures Tag New All-Time Highs...Then The Tape Bombs

Trading will be different this week with the holidays.

Our View

The ES shot its wad in Thursday’s overnight session into early Friday morning, as it roared to new all-time highs then reversed hard. There are contrary opinions about what to expect during Thanksgiving week. Some think the S&P is going to be up all week and others are looking to buy weakness going into the holiday. 

I don’t know which one it wil…