Emini S&P 500 Futures Market Update 8/11/09
The emini S&P tested the market profile level of 1005.25 in a very choppy manner and finally found that there was little interest up there so locals pushed the market lower looking for participation. It was a very light volume, summer time trade day and locals tried to push the market past the round 1000 number only to find an end of day covering to close near the highs.
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| S&P 500 Emini ES Futures Market Market Profile® TPO number’s: | ||||||||||||||
| UVA (Upper Value Area) | 1006.25 | |||||||||||||
| POC (Point of Control) | 1005.25 | |||||||||||||
| LVA (Lower Value Area) | 1001.25 | |||||||||||||
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Category: Market Commentary
