Tag: "FOMC"
Emini S&P 500 Futures Market Update 6/25/09
Futures Market Update The emini S&P 500 traded higher going into the FOMC announement yesterday. The initial move upward off the opening gap drove the market to the market profile level of 906.50 which held the top side of the market. The remainder of the day before the FOMC annoucement consolidated the move upward only [...]
View PostEmini S&P 500 Futures Market Update 6/24/09
Futures Market Update The emini S&P 500 traded within a 10 point range all day as it digested the large move the day prior through the key 900 level and closing below 900. Today is FOMC meeting and annoucement day so we are likely to see a small trading range until the announcement and then [...]
Emini S&P 500 Futures Market Update 6/22/09
Futures Market Update After an interesting trade during options expiration week and quadruple witching, the trade should return back to normal today and prepare for the FOMC announcement later this week. The emini S&P 500 opened with a gap up on Friday and consolidated the overnight moves throughout the morning trade session and ground its [...]
S&P 500 Futures Market Update 4/29/09
Futures Market Update The S&P 500 emini futures started the day yesterday with another gap down overnight and nearly closed the gap by the lunchtime trade. Different than the days past, after filling the gap, the market remain steady and consolidated with choppy price action throughout the afternoon session. In the late afternoon trade, [...]
S&P 500 Futures Market Update 3/19/09
Futures Market Update Yesterday , the S&P 500 market held its ground going into the FOMC announcement and rallied after the FOMC announcement. The round number of 800 held the market to the upside short term while the Dow Jones broke the 7500 level only to close slightly below it. Upcoming Financial News Announcements: [...]
Emini S&P 500 Futures Market Update 8/12/09
Futures Market Update The emini S&P opened yesterday with a gap down and couldn’t get beyond the 1001 market profile level to attempt to fill the gap. The market then pushed and tested previous low areas and found some buy interest down at the 993 area and consolidated for the remainder of the day going [...]
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