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Dow 52,000 & HONA Split: Tuesdayโs Breakout or Bull Trap?
Description
Here is the trade setup for the Tuesday open.
๐ MSCI: Gapping up over 9% on index inclusion and acquisition news.
๐ YUM: Down 3.5% on soft international guidance despite $4B buyback.\n๐ MKC: Pulling back 3.2% as institutions trim stakes post-earnings beat.
๐ ASTS: Skyrocketing on operational BlueBird satellites and $1B JV.
๐ HONA & HON: First trading session post-conglomerate split.
๐ Key Levels to Watch:
โข S&P Futures (/ES): Support at 7,481 | Resistance at 7,500
Nasdaq Futures (/NQ): Support at 29,820 | Resistance at 30,084
Content is for informational and educational purposes only. Market data may be subject to platform delays. This is not financial advice.