31 Dec
Pre-open eMini S&P 500 Morning Report for December 31, 2009
Posted in Pre-open Analysis by Bob English at 9:47:06 2 CommentsThe Precise Take – ES testing highs on last trading day of 2009
Leaders Analysis: Yesterday, the EuroYen suggested that global appetite for risk remained strong and, indeed, equities are up again near highs. If the EuroYen closes above its 200 day moving average where it is trading now, there should be continuation of the move in the new year.
Medium Term Analysis: Bullish seasonality should help equities early next week, when traders will be positioning ahead of Friday’s Employment Situation.
Trading Today: As has been the case recently, we don’t expect both sides of the projected range to be fulfilled. Once one end has been reached, there may be at best a move back to…
Pre-open eMini SP 500 Morning Report 12.31.09 | Wall St. Cheat Sheet
on December 31 2009 at 09:53:18
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on December 31 2009 at 10:06:11
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