“The S&P and a Quiet Day of Chop”

on March 27, 2015

Next week IS BIG…The Final 2 trading days of the first quarter, 25 separate economic releases, 10 T-bill or T-Bond Auctions or Announcements, 8 Fed Federal Reserve Bank Presidents speak and the March jobs report.

Monday starts withPersonal Income and Outlays, Pending Home Sales, Dallas Fed Mfg Survey, Farm Prices and Stanley Fisher speaking.

Choppy low volume trade After a big week of chop.

Down 4 out of the last 4 last trading days.

Earnings kick off next week.

End of the 1Q rebalance selling 5 days in a row.

High: 2054.70 Late
Low: 2044.50 Mid-Moring
Last: 2052.00 Up 3.5 Handles
Volume: 1.3 mil, and 2.7k SPM traded in the pit.
MOC: MiM showed sell $574mil, and the ACTUAL was MOC sell $460mil.

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MrTopStep Group
https://mrtopstep.com