Real Time e-mini S&P Trading, plus contrarian commentary on all the markets, all the time
Monday, March 16, 2009
Update at 10:30 am
Here is a five minute chart showing today's day session in the June e-minis. I am long two units at the green arrows. I went long because I believe the trend is upward. In an uptrend the market generally advances from the open. If so I thought it was unlikely that it drop more than 5 point from the open (purple dotted rectangle). The blue rectangle is my range estimate for today - low at 748 and high near 773.