The S&P 500 index on Friday broke below a closely watched support level that could augur a deeper slide, chart watchers warned.
“Index options will expire on the open…, so a lot of that option gamma that has helped to support the market will be gone at the opening,” said Michael Kramer, founder of Mott Capital Management, in a Thursday evening note.
In expecting new 52 week lows by mid October
My god, climate change is killing everything
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