After a long three day holiday weekend the E-Mini S&P 500 futures contract opens down 15 points, which is equivalent to roughly down145 dow points. In today’s video I outline what I expect today in regards to what happens in the first half hour to forty five minutes of trading. The market opened down between the 50% and 60% retracement of the last leg up (3/6/2012 low to 4/2/2012 high), let’s see if this area holds as support. Have a great day and hope this helps.
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