S&P Takes A Breather but Holds Key Support…For Now
Keeping tabs on the ES, NQ, RTY, AAPL, TSLA and Oil.
Our View
The higher the ES goes, the lower the volume is. Let's face it, the bears did not have a lot of time to get out. In a day and a half, the ES rallied over 200 points off the 4129.50 low. Four days later, the ES was up 336 points off its low.
The real question is — and one we’ve been asking all week — is this a dead cat bounce or a real low?
If yo…