Real Time e-mini S&P Trading, plus contrarian commentary on all the markets, all the time
Friday, February 05, 2010
Here is an hourly chart of day session e-mini trading. I have drawn boxes of about 25 points in height which I believe have been controlling recent trading. The bottom of the current box is near 1048. From there I expect the market to move up into the 1075-1100 box. This in turn would be the first stage of a sustained rally to 1200.