Trading opened today at 1082.75, down 6 points from yesterday's close. We traded up right from open today, hitting our low almost instantly at 1082.25 then moved up from there. Higher lows was the story today as we travelled upwards, hitting the high shortly before close at 1091.75, then backing down 7 ticks to close the day at 1090.00.
The range for the day today was 9.5 points while we keep moving up into areas that we have not seen since last year. Volume was up today from earlier in the week at 1.83 million contracts, but the day as a whole didn't move all that much was a 9.5 point range. makes me think that the buyers may be giving it one last try to move the market. Lets see what tomorrow brings us for the weekend.
See you at the starting line!
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