S&P 500 Futures Market Update 4/20/09
The end of options expiration came with a return to normal trade conditions. The market profile level of 858.75 was tested, held, and the market rallied for the remainder of the day. On a longer term basis, the test of 867 to the upside shows quite a bit of room above for possible upside movement.
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| S&P 500 Emini ES Futures Market Market Profile® TPO number’s: | |||||||||||
| UVA (Upper Value Area) | 870.00 | ||||||||||
| POC (Point of Control) | 867.00 | ||||||||||
| LVA (Lower Value Area) | 861.25 | ||||||||||
Posted: April, 20 2009 @ 9:10 am
Category: Market Commentary
