HIGH: 2195.25 ew All Time High!
LOW: 2184.75 Early
LAST: 2192.75 Up 12 Handles
TOTAL VOLUME: 880k minis, and 300 bigs traded in the pit.
Redbook, Existing Home Sales, Richmond Fed Manufacturing Index, a 4-Week Bill Auction, a 2-Yr FRN Note Auction, and a 5-Yr Note Auction.
15 economic releases this week with Wednesday being the big day.
People are getting squeezed out of the market.
Volume is going to drop this week. This will create a ‘thin to win’ environment.
The trend is definitely your friend with these seasonalities.
When you think you know more than the markets, you will get shafted.
Has the S&P gone too far too fast?
What do you think about these markets? Leave your comments below.
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