Tag: "options expiration"
S&P 500 Futures Market Update 3/17/09
Futures Market Update Yesterday , the S&P 500 exhibited choppy price action a little earlier than normal in the options expiration week possibly due to the slower than usual futures contract rollover and the upcoming FOMC announcement. The market slowly ground its way up to 771.5 area only to give back all the gains [...]
View PostS&P 500 Futures Market Update 3/16/09
Futures Market Update Yesterday , the S&P 500 finished its week off last Friday continuing the gains from prior days. Thursday and Friday were filled with choppier than normal price action as a result from futures contact rollover. The week ahead is options expiration week. Upcoming Financial News Announcements: 8:30 AM EST Empire State [...]
Futures Market Update 2/20/09
Futures Market Update After seeing a gap up overnight, at the U.S. market open the S&P struggled to fill the gap and the price action showed the choppiness of OEPX (options expiration) week. The S&P tested its lows from yesterday and didn’t show any panic selling below as we would expect approaching the lows [...]
Futures Market Update 2/19/09
Futures Market Update Yesterday was options expiration Wednesday and true to the typical day during opex, the emini S&P remained range bound throughout the day session around the market profile TPO level of 789. Choppy price action was observed throughout the day and is another typical characteristic of the S&P 500 market during OPEX week. [...]
S&P 500 Futures Market Update 3/18/09
Futures Market Update Yesterday , the S&P 500 displayed fairly 2 sided range bound behavior only to break out above the UVA and continue its trend long nature to the close. This market behavior was quite unique for a pre-FOMC and mid options expiration week which usually sees the market close unchanged. Today is [...]
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