S&P  500 Futures Trading Blog

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S&P 500 Futures Trade Can't Profit Til Barnanke Speaks!

Tuesday, 09. May 2006
2/23/06 $25,000 - Current $28,824

Our 1330 short on the S&P 500 futures market done Monday is holding up so far. FOMC will determine what happens next. We are looking for a 1st target of about 10 points. We took a smaller than usual position of 2 contracts if it becomes necessary to hold this position for a couple of weeks. Todays session amounted to no real movement as we wait for FOMC. 


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