High 2091.50 Midday
Low 2076.00 Early
Last 2087.50 up 1 handle
Total volume: Better 1mil ESM and 1.5k SPM trade in the pit
MOC: Going early but we are hearing buy
Tomorrow: Today’s economic calendar includes MBA Mortgage Applications, Empire State Mfg Survey, James Bullard speaks, Industrial Production, Atlanta Fed Business Inflation Expectations, Housing Market Index, EIA Petroleum Status Report, Stanley Fisher speaks, Beige Book, Jeffrey Lacker speaks and a slew of earnings reports.
ES did exactly the reverse of what it did Monday
April expo stats for today up 18 / down 7 of the last 25
Wednesday stats up 14 / down 11 of the last 25, Thursday (weakest day of the week) up 11 / down 14 of the last 25 and expo Friday up 15 / down 10 of the last 25
Just like the title reads; it’s been an S&P Shake & Bake
All about running up and downside stops
Volume is better today but remains well below historical averages.
—
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