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Futures Update 9 May

ESM19 Closing Update ESM19 Closing Update

ESM19 ESM19

ES has fallen into and nearly filled the 1 April gap after making a new gap on the open of 30 points. The SPX is now below its 50 day moving average and NYSE A-D lines of -1775 and breadth of -6.74:1. The VIX is up about 18% as of this note and US treasuries have opened higher. The NDX futures are also on their 50 day average while Dow futures are through and the RUT futures are on the 30 day. Needless to say, the most recent gap is looking hard to fill in the immediate term. Will update very soon.