Emini S&P 500 Futures Market Update 9/4/09
The emini S&P market trades into the Labor Day holiday trade session today after the employment report. We are quite consolidated in a tight range over the past few days so we need to put some distance either to the upside of 1000 or below 994′s to see a good trade. After Labor Day, the volume should start returning to the market in a much more consistent manner.
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| S&P 500 Emini ES Futures Market Market Profile® TPO number’s: | ||||||||
| UVA (Upper Value Area) | 999.75 | |||||||
| POC (Point of Control) | 997.75 | |||||||
| LVA (Lower Value Area) | 994.75 | |||||||
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Category: Market Commentary
