Friday, May 10, 2019

"All Major US Indices Break Key Technical Support, S&P At Week's Lows"

Lifted in toto from ZeroHedge:
With Uber set to break its IPO price, and Trump's tariffs having hit at midnight, US equity markets are shaken...
The S&P 500 broke below yesterday's - the week's - lows...
As all the majors are now back below their 50DMA...
This is not good...
UBER INDICATED TO OPEN AT $45/$46; IPO PRICED AT $45