
The E-mini S&P 500 futures (ES_F) have experienced significant volatility in recent trading sessions leading up to the end of August 2024. Following a bearish reaction to Nvidia's Q2 results, the futures were noted to be down approximately 0.6% in after-hours trading. However, subsequent reports indicated a bullish sentiment, particularly after the release of Q2 GDP data. As of August 29, the futures had gained about 100 points since 7 PM, reflecting a recovery. Traders observed a bullish bias during the morning session on August 30, with indications of liquidation in the afternoon session. Market participants are cautious ahead of the long weekend, with some noting that the end-of-month trading flows have been favorable, pushing the S&P higher. Overall, the market remains choppy as traders navigate through these fluctuations and prepare for upcoming economic data releases.










