ES Futures Update Wednesday February 14, 2024
ES Futures Update Wednesday February 14, 2024 Panic Mode Yesterday, Today Whipsaw Wednesday. One day after seeing the SP500 at a new all-time intraday high, investors were in panic mode yesterday, and today the market acted like nothing happened. This week is options X week which brings a lot of volatility and traders call today whipsaw Wednesday. It is very rare that the market starts a new downtrend during options X week. The market makers are usually done with what they need to do at the end of Thursday but sometimes it can last until early next week.
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