Mr Top Step's Danny Riley talks about how the SPZ traded up to 1199.00 , just 1 handle shy of the big figure at 1200.00 last night in GLOBEX , up 8 handles but opened at the 1188.00 level, up 2 handles and was just making new lows at 1179.50 as the video was being recorded.
Riley also talks about Bespoke Investments says the the Thanksgiving Holiday week being a historically positive week , up 0.63% on average but says everything is so slow and headline driven.
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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Riley also points out the gap in the S&P that was left from OCT 7th to OCT 10th and that 1154.90 is the GAP FILL. Riley says the range his desk is looking at is the 1150.00 to 1200.00 level. He also points out that the CME is open all day Wednesday, closed on Thanksgiving day but open for a half day on Friday
**Filmed on the trading floor at the CME Group. Produced by MrTopStep Productions.