Emini S&P 500 Futures Market Update 8/5/09
The emini S&P opened with a large gap down and tested the bottom and top side of the market profile bracket soon after market open and kept the range going into lunch. In the late morning session the market broke above the 999 level to retest institutional interest above the 1000 level.
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| S&P 500 Emini ES Futures Market Market Profile® TPO number’s: | ||||||||||||||||||||||||
| UVA (Upper Value Area) | 1002.75 | |||||||||||||||||||||||
| POC (Point of Control) | 998.75 | |||||||||||||||||||||||
| LVA (Lower Value Area) | 997.50 | |||||||||||||||||||||||
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Category: Market Commentary
