Friday, October 3, 2008

ESZ08 Data - 10/02/08







If this were a normal day, one would suspect that Friday's market would close higher than Thursday's close. However, with the possible House vote sometime today, this is not a normal day.

With September's ES contract, the rule was if the market close 20 points or more than the previous day's close, the market would probably close higher. With December's contract, the level is now 40 points or greater lower close. A lot of volitility to the down side so far for this contract.
Charles

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