$ES Emini S&P 500 Futures Market Update 10/14/09
The emini S&P 500 opened today with a large gap up above the contract and multimonth highs. It is opex wednesday so we expect to see choppy price action, but it will be interesting to see if institutional interest is finally fished in at the contract highs as the past attempts haven’t found much interest.
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| S&P 500 Emini ES Futures Market Market Profile® TPO number’s: | ||||||||||||||
| UVA (Upper Value Area) | 1071.25 | |||||||||||||
| POC (Point of Control) | 1069.25 | |||||||||||||
| LVA (Lower Value Area) | 1067.00 | |||||||||||||
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Category: Market Commentary
