“S&P 500 Futures: Never Does What Most People Want It To Do, When They Want It”

Commentary, The Closing Print, Trades, Video

S&P 500 Futures: Never Does What Most People Want It To Do, When They Want It

High 2101.00 early
Low 2085.90 late
Last 2086.50
Volume: 1mil ESM and 2k SPM trade in the pit
MOC: MiM showed$84 to buy $50mil

Tomorrow: PPI- FD, Retail Sales, Redbook, NFIB Small Business Optimism Index, Business Inventories and Narayana Kocherlakota speaks.

Started out very slow to the upside at the ESM retraced and took of the GLOBEX highs

Talk about the title: S&P 500 Futures; Never does what most people want it to do, when they want it

Had a nice run up, just not enough to run the stops above 2100


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Danny Riley (3588 Posts)

Danny Riley has worked in the futures and options industry for 38 years, including the CBOT’s bond room, where he worked for several of the Market Wizards. He went on to build the largest volume desk in the S&P 500 Index Futures, serving some of the largest banks and hedge funds, the UBS program trading business, and some of the world's top individual traders. As a leader and co-creator of the MrTopStep IM-Pro Trading Room, he shares trading ideas and breaking market news live from the floor with our other professional traders and new traders eager to experience the power of collective intelligence. Join us today and get the edge only social trading can give you.


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