Real Time e-mini S&P Trading, plus contrarian commentary on all the markets, all the time
Monday, August 29, 2005
Here is an updated hourly chart of pit trading in the September S&P futures. Last night the market dropped as low as 1194.20 in electronic trading but as you can see it opened this morning in Chicago right at the 1/2 point of its current box at 1202.
I think the market has begun an uptrend which will carry it to the top of the next box around 1268, and eventually much higher than that.