Globex High: 1948.00
Low: 1927.75
Last: 1945.50 UP 2.75 Handles
Volume: 325k @ 8:00
This week has a total of 25 economic reports, 10 T-Bill or T-Bond Auction or Announcements, One Fed Bank President Speaking, some Housing Reports, and Friday’s Jobs Number.
Today is the last trading day of the monthe. Ther could be some late day selling, but I think the Mutual Funds will start to buy on the first 2-3 days of the new month.
March stats show the S&P going up the first part of the month and down going into the March quad witch and the end of the quarter.
We’re caught in a big chop right now…People are getting short into the sell off and long the rallies.
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