Scott Bauer analyzes price action in Equity Index futures as rising yields and WTI Crude Oil futures prices pressure the markets, sending the Nasdaq-100 down over 1%. Bauer examines the broader macroeconomic picture, highlighting the 30-year bond yield reaching 5.33%—its highest level since June 2007—and mixed economic data, including a 2.3% drop in pending home sales. The update also covers rising put option volume in E-mini S&P 500 futures and Bitcoin's continued consolidation below the $65,000 resistance area.
Learn more about trading futures and options at CME Group:
https://www.cmegroup.com/markets/equities.html
#Equities #FuturesTrading #FOMC