Interesting chart from Bespoke:
If it feels like the 10-11 AM hour has been rough lately, it has. Here’s a look at the S&P’s average intraday path so far in November.
Let’s see if that trend can break today or if the 10 AM algos are still in dump mode. pic.twitter.com/H8LRO0vWQr— Bespoke (@bespokeinvest) November 20, 2025
Another 10-11 AM drop. This time about 35 bps. pic.twitter.com/oxshiO04p6
— Bespoke (@bespokeinvest) November 20, 2025


