Here is an hourly chart of pit and electronic trading in the March S&P futures.
I was anticipating a higher low at 1282 support today but as you can see the market blew right through that level. Right now I would estimate that we will see a low around 1265 from which point the market should advance to 1320.
1 comment:
Carl,
wrote to you about a week ago agout the markets and gold going hand in hand, and today is no exception.
Also as a big fan of George Lindsay i thought you might like this chart i made yesterday:
http://tradingthecharts.com/upload/spxtpdh.png
Be well.
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