S&P 500 Stuck at Key Level, Obscure Index May Signal Next Move

The S&P 500 index is currently trading within a critical range, with options traders actively buying dips and selling rallies; an obscure index is being watched as a potential indicator for the market's next direction.

31 Jul, 18:07 — 31 Jul, 18:07

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cnbcMostly Factual17d ago

The S&P 500 is stuck at a key battleground level. This obscure index could determine the market’s next move

Options traders and market makers in Chicago were quick to buy dips below 7,500 in the benchmark index Friday, but almost as quick to sell rallies above that level.

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S&P 500 Stuck at Key Level, Obscure Index May Signal Next Move

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The S&P 500 is stuck at a key battleground level. This obscure index could determine the market’s next move

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