HIGH: 2092.00
LOW: 2078.50
LAST: 2080.25 9.25
TOTAL VOLUME: 1.1mil minis trade, and 3.5K bigs traded in the pit
MOC: Mutual Funds unloaded today…Actual MOC came out to sell $3.3Bil.
FOR TOMORROW:
First trading day of the new month, and theres a heavy economice schedule starting with Consumer Spending, PMI Manufacturing Indes, ISM Manufacturing Index, Construction Spending, and Charles Evans from the FED is speaking.
S&P futures were overloaded all day.
Gold traded lower…ECB is extpected to add more easing…Put it all together.
At the end of the day, its all up to the mutual funds. I called for S&P 2200 by the end of the year, and I stand by it.
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