Real Time e-mini S&P Trading, plus contrarian commentary on all the markets, all the time
Monday, March 23, 2009
The e-minis rallied to just above Thursday's high and have now started to react downwards. I estimate that this reaction will run 10 points or so (purple rectangle) and will hold near the day's midpoint so far (dashed red line). Later today we should see a move to the top of my range estimate near 805 (blue rectangle).