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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...
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Dots

...If the dots don't connect, gather more dots until they do...

TGIF

TGIF

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Wednesday, October 31, 2012

Price Action on the TF Wednesday a.m.

This morning's intraday price action on the Russell 2000 E-mini Futures Index (TF) on this, the first day of re-opening the NYSE for trading post-Hurricane Sandy, has been non-committal, frenetic, choppy, and gappy...price has not ventured very far above or below the 9:30 a.m. open and is just slightly below at the moment...not unexpected, I suppose since it's also the end of the month and year-end for some...volumes have also been lighter...looks like we're awaiting a return to full power in the N.E. of the U.S. and a return of all market participants...now awaiting delayed oil data (tentatively re-scheduled for Thursday) and unemployment data on Friday...could be choppy until then.