Equities Update

S&P and Nasdaq

Yesterday morning we highlighted 6900 as the spot to book gains on the long side, that was the dead ass high of the morning move and then price fell back to 6850 on the session.

6850 is the major pivot for today on the downside.

If you pull back to the more intermediate-term, if price breaks 6850, then second support is 6830 which is more minor before t…