Nasdaq 100: Tech Stocks Recover While Investors Brace for CPI Shock
FX Empire·2026-07-14 20:12
September E-mini S&P 500 Index futures are drifting lower early Tuesday. Today’s price action has turned 7628.75 into a new main top to go along with additional main tops at 7648.75 and 7693.75. A series of higher bottoms are providing support at 7468.50, 7357.25 and 7292.25.The swing chart indicates that the swing tops and swing bottoms are forming a compressing triangle formation, which typically indicates trader indecision and impending volatility. They are expecting either a melt-up or a melt-down.Holdi ...