Emini S&P 500 Futures Market Update 9/24/09

MikeB | September 24, 2009 | 0 Comments

Futures Market Update

 Yesterday off the open we witnessed a lot of institutions selling prior to the FOMC announcement which is not too common to see.  Once the announcement came out the market tested prior highs a couple times and had a large rejection of the highs. 

Upcoming Financial News Announcements (EST):

08:30 Jobless Claims
10:00 Existing Home Sales
10:30 EIA Natural Gas Report
11:00 3-Month Bill Announcement
11:00 6-Month Bill Announcement
01:00 7-Yr Note Auction
01:00 Christina Romer Speaks
04:30 Fed Balance Sheet
04:30 Money Supply
S&P 500 Emini ES Futures Market Market Profile® TPO number’s:
UVA (Upper Value Area) 1072.00
POC (Point of Control) 1067.25
LVA (Lower Value Area) 1063.00
 

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Category: Market Commentary

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