Tuesday, February 14, 2012

S&P500 Futures rally 10 handles into 1357.5

Not sure of the catalyst yet.. 6E started to rally over 1.312 about 30 minutes ago simultaneous as bonds broke down... 1348's traded then 1350.. i tweeted over highs we could see 1355..  .. could be another intervention making its way into the market.. or just a good old fashioned break out.

5 min ES
1 min ES