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E-Mini S&P Prices in Steep Downtrend. Bulls Remain in Technical Trouble

October 29, 2018 by Jim Wyckoff

The December e-mini S&P stock index futures are in a steep downtrend on the daily bar chart, after hitting a six-month low last Friday. The bulls will be happy to see the calendar turn to November, after the historically turbulent month of October delivered another nasty blow to the U.S. stock market. Bulls are still in serious near-term technical trouble, to suggest sideways-at-best trading in the near term, if not new lows carved out. Stay tuned!

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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