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Today on the desk

Monday’s brief · Nov 2 · free to read

Nasdaq led a sharp selloff; futures point higher before Apple and Palantir earnings.

The S&P 500 fell 1.8%, the Nasdaq 100 3.5%, the Dow 1.1% and the Russell 2000 1.6%. Premarket, all four are up between 0.4% and 0.6%. The S&P 500 structure score is 51, Balanced: the medium-term uptrend is intact, but the short-term trend is down and the index sits near the bottom of its recent range. The longer trend is the bigger picture, but neither side is in control.

SPY premarket
+0.38%
QQQ premarket
+0.63%
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Informational only. Not financial advice.

the desk's newest signal

QQQ▼ ShortATR expansion breakout1H · Nov 2, 4:00 PM ET

Chart by TradingView

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