Real Time e-mini S&P Trading, plus contrarian commentary on all the markets, all the time
Monday, October 03, 2005
Here is an updated hourly chart of the December S&P futures. Notice how the market bounced off of the 1/2 division point of the current short term box (whose top and bottom are drawn in blue) and then subsequently has held above the bottom of the same box. This looks like bullish action to me and I think we shall soon see substantially higher prices.