Emini S&P 500 Futures Market Update 6/18/09

| June 18, 2009 | 0 Comments

Futures Market Update

On Wednesday of options expiration, the emini S&P 500 exhibited the typical range bound nature commonly seen on options expiration.   The market gravitated to 907′s throughout the day with a test of higher value and no institutional participation at those levels.  Also typical of options expiration, the market closed nearly unchanged for the day.

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S&P 500 Emini ES Futures Market Market Profile® TPO number’s:
UVA (Upper Value Area) 911.50
POC (Point of Control) 907.00
LVA (Lower Value Area) 904.00
 

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 Posted: June 18, 2009

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Category: Market Commentary

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