[Video] Ominous Candle on S&P Futures, Dead Cat Bounce on the FTSE?

Feature image of stock market figures and indices
Matt Simpson financial analyst
By :  ,  Market Analyst
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In today’s video we update our analysis on the S&P 500 E-mini futures contract, then take a fresh look at the FTSE 100 which may be within a bearish pattern of its own. We then wrap op on the US dollar index (DXY) which will be a key market to watch after Jerome Powel’s keynote speak today at 15:00 BST.  

S&P 500: Market Internals

S&P 500: 4470 (-0.58%), 26 August 2021

  • Real Estate (0.097%) was the strongest sector and Energy (-1.5%) was the weakest
  • 1 out of the 11 S&P 500 sectors closed higher
  • 6 out of the 11 sectors outperformed the S&P 500
  • 10 out of the 11 sectors traded lower on the S&P 500
  • 102 (20.20%) stocks advanced and 401 (79.41%) declined
  • 79.01% of stocks closed above their 200-day average
  • 62.77% of stocks closed above their 50-day average
  • 54.26% of stocks closed above their 20-day average

S&P Sector performance of S&P500 and other popular products.  Analysed on August 2021 by FOREX.com

Outperformers:

  • + 5.1%   -  ETSY Inc  (ETSY.OQ) 
  • + 4.72%   -  NetApp Inc  (NTAP.OQ) 
  • + 2.96%   -  Microchip Technology Inc  (MCHP.OQ) 

Underperformers:

  • -12.08%   -  Dollar Tree Inc  (DLTR.OQ) 
  • -9.37%   -  Autodesk Inc  (ADSK.OQ) 
  • -4.47%   -  Western Digital Corp  (WDC.OQ) 


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