Monday, August 30, 2010

Emini Futures Daily Recap

(QQQQ)(DIA)(SPY)(.SPX)(GLD)

August 30, 2010 
The major averages erased Friday's gains going into the close today, ending the session just off the low of the day. The Dow dropped 140 points or 1.4 percent to 10,009.73, the Nasdaq lost 33 points or 1.6 percent to 2,119.97 and the S&P 500 fell 15 points or 1.5 percent to 1,048.92.
 

S&P 500 Futures moved higher this morning in an attempt to challenge Friday's high of 1064.25. The attempt failed at 1063.50 and a trend day down developed. The session closed just off the lows at 1044.75 on 1.4m contracts. -19 / -1.79%

Dow Futures opened at 10105, hit an intra-day high of 10135 in early trading and spent the remainder of the day trending down to close at 9979 on 114k contracts. -162 /  -1.6%

Gold Futures for December delivery closed on the New York Mercantile Exchange up $1.30, or 0.1%, at $1,239.20 an ounce. Silver for December delivery closed flat at $19.07 an ounce.

Crude Futures for October delivery settled 47 cents, or 0.6%, lower at $74.70 a barrel on the New York Mercantile Exchange. Brent crude oil on the ICE Futures exchange settled down 5 cents at $76.60 a barrel.
 
 


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S&P 500 Emini Futures / ES
1109/1110
1082/1083
1073/1074
1055/1056
1045.5/1046.5
1027.5/1028.5
1000/1001


Dow Emini Futures / YM
10,522
10,296
10,219
10,070
9,993
9,844
9,618


Euro FX / 6E
1.2945/1.2950
1.2840/1.2845
1.2800/1.2805
1.2735/1.2740
1.2695/1.2670
1.2630/1.2635
1.2525/1.2530



Weekly Trading Zones / Daily Review


S&P 500 Emini Futures / ES
Dow Emini Futures / YM
10K ES Chart
Euro FX / 6E

Doug Goeckel - doug@excglobal.com


Pray Hard & Trade Safe!
CT

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