Monday, February 11, 2019

S&P 500 Futures Update

S&P Futures Update - 02/11/2019

Futures opened on Sunday at 2708, traded down to 2701 and then went up to 2722 (15 points below recent high at 2737) finally closing almost unchanged at 2708. The high was at 4:05 am EST followed by a retest at 8:15 am EST. Hourly cycles are still up-trending and should help S&P to eke out some gains tomorrow. But they should disappear by end of the week unless market surprises us!

Gold changed by -7 points, US Coffee by -2.55 (-2.5%), and USD continues to gain against EURO.