Tag: "S&P 500 emini"
Emini S&P 500 Futures Market Update 8/27/09
Futures Market Update The emini S&P opened yesterday with an imbalance gap downward and attempted to test lower levels only to fill the small gap after the 10:00 EST news. The remainder of the day was range bound consolidating the morning trade which is very typical of a late August trade. Upcoming Financial News Announcements [...]
View PostEmini S&P 500 Futures Market Update 8/25/09
Futures Market Update The emini S&P opened yesterday to the upside but was obvious that locals could not get any paper involved at higher levels and thus a rejection of those levels happened over lunch and the market broke down to the 1026 market profile level and then to the 1021 area for the remainder [...]
Emini SP update Aug 24 2009
The SP’s continue push to new contract highs but also continue to diverge from volume and momentum. As we’ve discussed, this is a normal situation for August, as these two weeks are generally the lowest volume of the year. It also further demonstrates how blindly relying on a single concept or pattern without regard to the [...]
Emini S&P 500 Futures Market Update 8/24/09
Futures Market Update The emini S&P opened yesterday with a large gap up on Friday. After 30 minutes of summer time trade chop, the market then surged to test the contract highs and remained just a few points of the highs for the remainder of the day. Upcoming Financial News Announcements (EST): 11:00 4-Week Bill [...]
Emini S&P 500 Futures Market Update 8/19/09
Futures Market Update The emini S&P opened yesterday with a gap up yesterday and filled the imbalance gap quickly after a choppy open. Once the gap was filled the market drove for higher highs trying to test higher value and fill the longer term gap from Friday. Overall, the trade was typical for an August [...]
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 [...]
Emini S&P 500 Futures Market Update 8/11/09
Futures Market Update The emini S&P tested the market profile level of 1005.25 in a very choppy manner and finally found that there was little interest up there so locals pushed the market lower looking for participation. It was a very light volume, summer time trade day and locals tried to push the market past [...]
Emini S&P 500 Futures Market Update 8/10/09
Futures Market Update The emini S&P opened with a professional gap up yesterday and the gap fill was held by the power of market profile and the round 1000 level. After this test of the lows, institutiional buying came in a drove the market to mutli-month highs of 1016.00. The new highs found buyers willing [...]
Emini S&P 500 Futures Market Update 8/7/09
Futures Market Update The emini S&P opened with a gap up yesterday only to fill the gap immediately and continue its move to 993 market profile area. This remained an area of importance for the remainder of the day as well as the test of the lower levels was the first break down selling in [...]
Emini S&P 500 Futures Market Update 9/1/09
Futures Market Update The emini S&P market opened yesterday with a professional gap downward to test the lower side of the consolidation range we have been trading in over the last 2 weeks. The market profile level of 1016 was quite important to test and the market consolidated around the level for the remainder of [...]
View Post