Scott Redler: S&P 500 futures dip with key support at 743

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1 hour ago

Scott Redler: S&P 500 futures dip with key support at 743 — S&P 500 futures focus on support levels

Scott Redler, chief strategic officer at T3 Live and T3 Trading Group, highlights an 8-point decline in S&P 500 futures after a tight close last week.

Redler points to 743 as a critical mid-range support for SPY and sees 749 as a threshold for potential upside movement.

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Redler has also focused on notable moves in individual names. He recently highlighted losses for late investors in CBRS' IPO, with the stock holding at $216 after failing to recover its $350 level. In a separate note, he monitored SOXL's price action near the $240 mark for potential trading signals.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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