Here is an update on the rising wedge shown in last night's
update. For downside to materialize, ES needs to break the
rising trendline and subsequently break through the 1114/1115
neckline. Should this support area remain intact, then
another move to the upside is certainly possible. Pivot
resistance levels above are 1137, 1151, and 1170.
The above levels are in reference to the September Futures which
are nearly on par with the SPX Cash Levels.
Just wondering when the SPX, Nasdaq and Russell futures expire,
and it goes to the Dec. futures? Don't think they expire and
roll over/change this week like with options, but not sure.
Thanks for any information on this.
ES Update from Last Night
Posted by steve on 16th of Sep 2010 at 09:21 am
Here is an update on the rising wedge shown in last night's update. For downside to materialize, ES needs to break the rising trendline and subsequently break through the 1114/1115 neckline. Should this support area remain intact, then another move to the upside is certainly possible. Pivot resistance levels above are 1137, 1151, and 1170.
The above levels are in reference to the September Futures which are nearly on par with the SPX Cash Levels.
futures expiration?
Posted by curtis on 16th of Sep 2010 at 09:29 am
Just wondering when the SPX, Nasdaq and Russell futures expire, and it goes to the Dec. futures? Don't think they expire and roll over/change this week like with options, but not sure. Thanks for any information on this.
rollover, as a general rule,
Posted by hazbin1 on 16th of Sep 2010 at 09:39 am
rollover, as a general rule, is the thursday of the week before opt. expiry.
Curtis - most have already
Posted by steve on 16th of Sep 2010 at 09:35 am
Curtis - most have already rolled over to the December futures.
thanks
Posted by curtis on 16th of Sep 2010 at 09:54 am
thanks, it was U0 for the Sept. futures, what is the symbol for the Dec. futures?