S&P 500 Whipsaw

S&P 500 closing print

Can you say S&P chop shop? 
 
 
S&P 500 closing print
 
HIGH: 1974.00 Late
LOW: 1955.80 Early
LAST: 1970.90 DOWN 5 Handles
TOTAL VOLUME: 1.7mil minis; 2k bigs
MOC: FLAT
 
 
FOR TOMORROW:
 
Redbook
S&P 500 Case-Shiller HPI
Jerome Powell Speaks
Chicago PMI
Consumer Confidence
 
Down to the last trading day of the 3rd quarter.
 
A lot of reversals going on...
 
Lower lows - Not good.
 
Last 7 trading days:
 
- Sept 18: +10.9 Handles
- Sept 19: -0.80 Handles
- Sept 22: -17.5 Handles
- Sept 23: -14.0 Handles
- Sept 24: +18.7 Handles
- Sept 25: -29.4 Handles
- Sept 26: +14.5 Handles
 
About the Author

Danny Riley is founder of mrtopstep.com.