Emini S&P 500 Futures Market Update 7/24/09

| July 24, 2009 | 0 Comments

Futures Market Update

Yesterday was the big day in the emini S&P 500 that we were watching for during the last 2 months of consolidation.  A break of the 950 area brought in huge institutional activity and quickly drove the market to 975 area.  We are now trading in uncharted territory from last fall and there is little between 975 and 1000.

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S&P 500 Emini ES Futures Market Market Profile® TPO number’s:
UVA (Upper Value Area) 976.25
POC (Point of Control) 973.00
LVA (Lower Value Area) 965.00
 

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 Posted: July 24, 2009

Tags: , ,

Category: Market Commentary

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