Real Time e-mini S&P Trading, plus contrarian commentary on all the markets, all the time
Tuesday, November 29, 2005
Here is an hourly chart of pit trading in the December S&P futures.
As you can see the market has come down a second time to the 1260 support level and I think it is in the process of making a low above yesterday's low at 1258.80. This means that the market will soon start a move up into the 1285-90 zone, just below the 1/2 division point of the next box at 1290.