$ES Emini S&P 500 Futures Market Update 10/9/09

| October 9, 2009 | 0 Comments

Futures Market Update

The emini S&P 500 has continued to accept higher value this week but has not shown much conviction to drive the bid.  The 1065 level will be critical to break with large up side momentum if we are to test any higher levels otherwise a retest of the lower value will be an immediate drive lower.

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S&P 500 Emini ES Futures Market Market Profile® TPO number’s:
UVA (Upper Value Area) 1065
POC (Point of Control) 1062.75
LVA (Lower Value Area) 1060.50
 

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Category: Market Commentary

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