Emini S&P 500 Futures Market Update 8/25/09

MikeB | August 25, 2009 | 0 Comments

Futures Market Update

The emini S&P opened yesterday to the upside but was obvious that locals could not get any paper involved at higher levels and thus a rejection of those levels happened over lunch and the market broke down to the 1026 market profile level and then to the 1021 area for the remainder of the day.

Upcoming Financial News Announcements (EST):

07:45 ICSC-Goldman Store Sales
08:55 Redbook
09:00 S&P Case-Shiller HPI
10:00 Consumer Confidence
10:00 State Street Investor Confidence Index
01:00 4-Week Bill Auction
01:00 52-Week Bill Auction
01:00 2-Yr Note Auction
S&P 500 Emini ES Futures Market Market Profile® TPO number’s:
UVA (Upper Value Area) 1032.00
POC (Point of Control) 1025.50
LVA (Lower Value Area) 1023.25
 

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Category: Market Commentary

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