Emini S&P 500 Futures Market Update 8/12/09

| August 12, 2009 | 0 Comments

Futures Market Update

The emini S&P opened yesterday with a gap down and couldn’t get beyond the 1001 market profile level to attempt to fill the gap.  The market then pushed and tested previous low areas and found some buy interest down at the 993 area and consolidated for the remainder of the day going into the FOMC annoucement Wednesday.

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S&P 500 Emini ES Futures Market Market Profile® TPO number’s:
UVA (Upper Value Area) 995.50
POC (Point of Control) 993.00
LVA (Lower Value Area) 991.00
 

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Category: Market Commentary

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