$ES Emini S&P 500 Futures Market Update 10/27/09

MikeB | October 27, 2009 | 0 Comments

Futures Market Update

The emini S&P 500 attempted to retest higher levels above 1085 yesterday and couldn’t find any continued buying interest and quickly sold off the 1082 level and rotated down to the 1073 then lower to test the 1065 area.  This was the first sustained sell off of lower value we have seen in quite sometime and very possible an indication of testing of lower levels to come

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S&P 500 Emini ES Futures Market Market Profile® TPO number’s:
UVA (Upper Value Area) 1078.50
POC (Point of Control) 1065.75
LVA (Lower Value Area) 1061.75
 

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Category: Market Commentary

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