Tuesday, August 24, 2010

Emini Futures Trading / Daily Recap Aug 24, 2010

(QQQQ)(DIA)(SPY)(GLD)

August 24, 2010 

The Dow fell by 133.73 points or 1.3 percent to 10,040.45, the NASDAQ dropped by 35.87 points or 1.7 percent to 2,123.76 and the S&P 500 declined by 15.49 points or 1.5 percent to 1,051.87. 

S&P 500 Futures gapped down on the open 11.5 points this morning ending the session down 15.75 to close at 1049.75 on volume of 2.4m contracts. 

Dow Futures also gapped lower to open at 10,055. Settlement was 10020 on 161k contracts.

Gold Futures for December delivery GCZ0 fell $1 to $1,232.4 an ounce. The world's largest gold-backed exchange-traded fund, SPDR Gold Trust said its holdings slipped to 1,297.948 tonnes by August 24 from 1,299.468 tonnes on August 19. The holdings hit a record at 1,320.436 tonnes on June 29.

Crude Futures Light, sweet crude for October delivery dropped 1.47 dollars to settle at 71.63 dollars a barrel on the New York Mercantile Exchange. In London, Brent crude lost 1.24 dollars to settle at 72.38 dollars a barrel on the ICE futures exchange.




 Weekly Trading Zones / Daily Review

S&P 500 Emini Futures / ES

Dow Emini Futures / YM

Euro FX Weekly Trading Zones
6E
1.3079
1.2908
1.2811
1.2737
1.2640
1.2566
1.2395



Pray Hard & Trade Safe!
CT
 

No comments:

Post a Comment

Your comment will be posted within 1 hour of acceptance by our editorial staff.