Open range: 1843.30 – 1842.80
Daily high: 1834.50 early
Daily low: 1826.70 midday
Cash Close: March futures traded 1837.50 area
The MiM closing imbalance: Started small to sell before flipping to buy a modest $200M.
Volume: ESH14 traded 1.3M
Running in place … Well, besides the premarket rally up to 1843 area, 8.5 handles above Friday’s close – followed by the nearly 18 handle back and fill to 1826.70 and the 10 handle rally off the lows. News? Somebody say sumthin about news? We did not see much of anything new. The latest snowstorm had traders heading for the exits. Governor CHRISTIE DECLARES STATE OF EMERGENCY FOR SEVERE WINTER STORM – oh boy …