Mar 26 2008

Today’s Trading Look-Back - March 26, 2008

Published by John at 5:26 pm under Trading After-Action

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The calmness of the last couple of days made for very easy reference points going into today. The 1354 was yesterday’s point of control and the 1334 level was the one from last Wednesday. 

S&P 500 Futures Price Distribution Chart for March 26, 2008

Unfortunately, neither of those levels were really even meaningfully approached until the 1334 level was broken at the very end of the session. The market did, though provide a nice balancing day in which opportunities to see the day’s highs and buy the day’s lows, which had been put in by C period, were provided later on.

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