Wednesday, February 8, 2012

Morning S&P500 Futures Note

5 min ES. X marks the spot.
Welp. 1348 traded as i hypothesized late last evening.. volume? not really.. higher prices.. yes we will take it.. though continue to be cautious up here, manage your risk.

I am looking for 1352 if 1346.25 holds firm.. if it does not we could see opening range prices again and more sideways action until a bit more volume shows up...

ALSO TLT refusing to fall under 116 for any prolonged period of time.. equites not liking this..
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