Nasdaq Tumbles Into Red At Open, S&P Breaks Below Key Technical Level

After opening down hard last night, futures went on the standard buying rampage overnight, only to plunge back lower at the cash market open…

S&P and Nasdaq are red from Friday’s close now, and the squeeze in small caps is unwinding fast…

Slapping the S&P 500 back below its 200DMA…

Don’t forget, buy the overnight, sell the day…

Bonds are flat for now.

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