Real Time e-mini S&P Trading, plus contrarian commentary on all the markets, all the time
Tuesday, September 19, 2006
Here is an hourly chart of the December S&P e-mini futures. I commented on this market yesterday.
In this morning's guesstimate I said that the early morning low at 1327.50 probably ended the drop from the 1336.75 high of September 15. But instead the market has made new reaction lows. I think the drop will find support near the 1323 level and then a rally into the 1340-42 zone will begin.