This morning, the S&P 500 Index e-mini futures (ES-U3) are trading higher by just 1.25 points to 1699.25 per contract. It seems that many institutional traders are waiting for the FOMC meeting to conclude tomorrow before getting aggressive in the market. Many economists are expecting Ben Bernanke to announce a tapering in the current $85 billion a month QE-3 program.[youtube id=”0WMekJEINeQ”]
The information in these Market Commentaries do not constitute a solicitation of the purchase or sale of any futures or options contracts.
