Real Time e-mini S&P Trading, plus contrarian commentary on all the markets, all the time
Wednesday, September 24, 2008
Headed for 1160
The market is waiting to learn the fate of the bailout package and has traded in a very narrow range today (given the high level of volatility). Rallies were on decreasing volume so it looks like 1160 is the next stop. I think the 1136 low will hold, however.