Morning Es Trading
Review of Friday's Es trading
Fed Chief Ben Bernanke's Jackson Hole speech has come and gone, and I think it's a fair assessment to say that absolutely nothing was accomplished. As Bernanke's remarks crossed the wires at 10 a.m. EDT, the Es was trading near 1406, and in the subsequent 60 minutes the contract traded as low as 1397 and as high as 1411.75, before finally closing out the session near 1405. Essentially, the market spun its wheels really fast for about an hour, and then realized it had nowhere to go. So it stopped almost exactly where it had begun....673 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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