TFP market summary for Thursday April 18, 2013 $SPX
|15 min ES|
The declines today came after the futures greeted traders with green paint this morning only to fade as the 30 year surged from 146.26 to 148’14 crushing the ES into 1530.75, which the low happend to coincide with AAPL printing 489.74.
|5 min ES zoom|
Currently the ES futures are higher by 5.50 points to 1539.50 with 1540.25 being the resistance we are watching for pinch over into 1541.25 cyan 5 min resistance, over = 144-45 with overhead resistance clear up at 1548.25 for a full reversal potential, but lets not get ahead of ourselves.
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