Emini S&P 500 Futures Market Update 8/7/09
The emini S&P opened with a gap up yesterday only to fill the gap immediately and continue its move to 993 market profile area. This remained an area of importance for the remainder of the day as well as the test of the lower levels was the first break down selling in the market we have seen for a while although little sell interest was found below and the market remained range bound for the rest of the day.
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| S&P 500 Emini ES Futures Market Market Profile® TPO number’s: | ||||||
| UVA (Upper Value Area) | 998.00 | |||||
| POC (Point of Control) | 993.25 | |||||
| LVA (Lower Value Area) | 993.00 | |||||
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Category: Market Commentary
