Emini S&P 500 Futures Market Update 10/1/09

| October 1, 2009 | 0 Comments

Futures Market Update

The emini S&P 500 opened with a slight gap up on Wednesday and immediately locals attempted to fill the small imbalance gap.  We went short in the trading chat room on the start of the drive to the gap looking for a test of 1054 area and possibly more.  Well we got more a lot more, over +15 points more.  It was a great day in the TTZ and we look forward to the non-farm payroll report tomorrow morning at 8:30 EST.

Upcoming Financial News Announcements (EST):

07:30 Challenger Job-Cut Report
08:30 Personal Income and Outlays
08:30 Jobless Claims
09:00 30-Yr Bond Announcement
10:00 ISM Mfg Index
10:00 Construction Spending
10:00 Pending Home Sales Index
10:30 EIA Natural Gas Report
11:00 3-Month Bill Announcement
11:00 6-Month Bill Announcement
11:00 3-Yr Note Announcement
11:00 10-Yr Note Announcement
11:00 10-Yr TIPS Announcement
04:30 Fed Balance Sheet
04:30 Money Supply
S&P 500 Emini ES Futures Market Market Profile® TPO number’s:
UVA (Upper Value Area) 1057
POC (Point of Control) 1050.75
LVA (Lower Value Area) 1047
 

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Category: Market Commentary

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