The S&P 500 is down 19 points to 1841 in early trading. Yesterday’s low in the cash market was 1820.
Overnight, S&P futures tested yesterday’s futures low of 1814 and that remains the key level there.
It’s early but it looks like a bit of an inverted head & shoulders pattern in the short-term S&P 500 chart.
S&P 500 3 minute chart
