Real Time e-mini S&P Trading, plus contrarian commentary on all the markets, all the time
Tuesday, October 10, 2006
S&P Update
Here is an hourly chart of the December S&P e-mini futures. I commented on this market earlier today.
The market did drop about 6 points from its 1363.25 high today but has recovered almost all of the break. Now an obvious higher low at the 1357 level is visible and I think the market has begun a 10-15 point rally from that higher low. I can't really tell whether a 10 or instead a 15 point advance is underway but in my opinion 1373 is stronger resistance than is 1366.
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