S&P 500 emini futures

S&P 500 emini futures day trading room.

We are looking at the same levels as Monday. We are consolidating at the top here with no commitment to the downside. We haven’t tested to the 875 level where I am expecting a bit of resistance and then more consolidation to lure the investors that haven’t moved in to the market yet. These are the investors that fear they could be missing the boat, and basically will be sold into. Probably off of more financials recieving money, rolling their write downs together with their TARP money. Makes for a wonderful balance sheet.