|
发表于 2011-6-6 09:31 AM
|
显示全部楼层
Front month S&P futures inched closer, in the overnight session, to the long term support area between 1290.00/1285.00. The Globex session low in ESM1 is 1292.25 but prices have rebounded above the midpoint of the pre-open range. The short-term strategies are skewed to the short side and the macro/hedge funds funds have increased their short postions while the more traditional asset mangers have shown signs of modest demand. Friday's session saw Put/Call (PCRTTOTL) spike to a new high for the year at 1.23 although the 9 day RSIs for the key index futures have yet to break 30.00 but are getting close. Today's range should see short covering with a move above 1299.00 (Globex high) and 1304.00 (mid-point of Friday's combined range). The first significant hurdle to climb in SPM1 sits at 1307.00/1309.00 (top of Friday's rth value area and daily high). A move above Friday's high could trigger upside momentum with 1318.00 the upside price target. |
|