Scott Redler: SPX futures drop 60 points as support moves to 739

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SPX futures fall, key support at 739

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Scott Redler: SPX futures drop 60 points as support moves to 739 — SPX futures fall, key support at 739

Scott Redler, chief strategic officer at T3 Live and T3 Trading Group, notes that SPX futures declined by 60 points, opening below the ascending channel. SPY is now below its previous session low or $745, with the next key support identified near $739 and $732.

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Redler recently highlighted weakness in QQQ as multiple stocks declined in the market, according to a previous report. He also provided pre-market updates for SPCX, MU, and SNDK in his latest newsletter, offering early insights to followers in another recent update. These observations add context to his latest monitoring of support levels in the SPX and SPY.

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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