Emini S&P 500 Futures Market Update 7/15/09
The emini S&P 500 consolidated in a tight 10 point range on Tuesday as it digested the large upside move from the prior day. Most interesting of the day was the continual holding around the 900 area where neither buyers or sellers were defending the number. Although it was a tight range day, the buyers held their ground and the gains from the previous trading session.
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| S&P 500 Emini ES Futures Market Market Profile® TPO number’s: | ||||||||||||||
| UVA (Upper Value Area) | 901.50 | |||||||||||||
| POC (Point of Control) | 899.50 | |||||||||||||
| LVA (Lower Value Area) | 897.00 | |||||||||||||
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Posted: July 15, 2009
Category: Market Commentary
