S&P 500 emini futures day trading coach for Oct 22, looks like we have a bearish pennant forming with a break of teh first supporting trendline and a move to the next around 900, watch out for an increase in volume as these past days have been comparatively low.
Showing posts with label snp 500. Show all posts
Showing posts with label snp 500. Show all posts
Wednesday, October 22, 2008
S&P 500 emini futures day trading coach Oct 22 Daily chart levelsSP500
S&P 500 emini futures day trading coach for Oct 22, looks like we have a bearish pennant forming with a break of teh first supporting trendline and a move to the next around 900, watch out for an increase in volume as these past days have been comparatively low.
Sunday, October 5, 2008
Friday, October 3, 2008
Thursday, October 2, 2008
S&P 500 and the Economy. Financials wounded. short sale ban
The U.S. Senate passed a $700 billion financial-market rescue package loaded with inducements for the House of Representatives to approve the measure following its rejection of an earlier version. The bill's proponents cited the record 778-point drop in the Dow Jones Industrial Average after the House's 228-205 defeat of the legislation Sept. 29 as evidence of the urgency to stabilize the banking system. They suggested that the market reaction may spur some House Republicans to change their minds when the bill comes to a vote, likely tomorrow afternoon.
The dollar rose against the euro, approaching a one-year high, after the Senate approval, bolstering expectations the U.S. will act faster than Europe to address the seizure in credit markets. The dollar advanced to $1.3883 per euro at 12:46 p.m. in London, from $1.4009 late yesterday in New York. Asian stocks and U.S. futures fell on concern the package won't be enough to avert a recession, with futures on the Standard & Poor's 500 Index falling 1.1 percent and the MSCI Asia Pacific Index lost 1.3 percent.
Emini futures trading coach
The dollar rose against the euro, approaching a one-year high, after the Senate approval, bolstering expectations the U.S. will act faster than Europe to address the seizure in credit markets. The dollar advanced to $1.3883 per euro at 12:46 p.m. in London, from $1.4009 late yesterday in New York. Asian stocks and U.S. futures fell on concern the package won't be enough to avert a recession, with futures on the Standard & Poor's 500 Index falling 1.1 percent and the MSCI Asia Pacific Index lost 1.3 percent.
Emini futures trading coach
Friday, September 26, 2008
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