S&P Futures Trade Limit-Up
After collapsing to fresh cycle lows overnight, US equity futures have staged a remarkable comeback and S&P is now trading limit up, stuck at 2,582 (or up 5%).
SPY (S&P 500 ETF) indicates buying pressure continues…
Bonds and stocks are completely decoupled in terms of their correlation regime – after bonds puked their guts out overnight, they are now rallying alongside the equity gains…
Is it time for a sustained bounce?
Tyler Durden
Fri, 03/13/2020 – 07:22
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