After making another all time high at 3097.00, the S&P 500 futures (ESZ19:CME) tapered off and closed inside the previous 3-day range.
Going into the final hour, the ES looked weak, trading down to an intraday low at 3078.75, but caught a late wind when the MiM cash imbalance reveal came out showing over $1 billion to buy MOC.
The futures would go on to print 3084.25 on the 3:00 cash close, and 3086.25 on the 3:15 futures close, up nearly 10 handles on the day.
In terms of the days overall tone, the markets were clearly stronger, but with a hint of weakness during regular trading hours. In terms of the days overall trade, volume picked up a little, with more than 1.3 million e-mini S&P futures contracts traded.
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