Friday, February 13, 2009

PreMarket Review 02/13/09

The market has not had a daily close below the February open of 819.50, which is acting as support. This weeks open of 857 is resistance, but there is a stronger resistance at 849.50. We have Consumer Sentiment at 0955 ET, and traders will be quiting early today to start a 3-day weekend in the US.
24 Hr Globex Pivot: 825.75
Day Session Pivot: 825
10-Day Avg Distance From 0930 ET Open: 19.78
10-Day Standard Deviation of that Distance: 9.64

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