E-Mini Player | Tuesday 09/21/2010 - E-Mini S&P 500 Futures Key Levels and Trade Plan - EMini Futures Trading


Tuesday 09/21/2010 - E-Mini S&P 500 Futures Key Levels and Trade Plan

E-Mini S&P 500 Futures

Today is FOMC/Fed Day, and price typically remains range-bound heading into the FOMC Announcement at 1:15 PM (CT). The Housing Starts # released at 7:30 AM (CT) is a potential catalyst that could move price in Pre-Market, but I'm anticipating ES to consolidate during the morning cash session. Click here to check out the Review/Analysis post from the previous FOMC/Fed Day (8/10/2010).

Econ Data

Housing Starts at 7:30 AM (CT), Redbook at 7:55 AM (CT), and the FOMC Meeting Announcement at 1:15 PM (CT)

 

ES - Daily Chart with Volume Profile and Key Levels (click on image below to enlarge)