ES 15 View

    Posted by steve on 28th of Jan 2014 at 05:05 pm

    Turkey Central Bank Raises Overnight Lending Rate to 12% from 7.75%

    ES Comments

    Posted by steve on 29th of Jan 2014 at 06:31 am

    SPX Futures have pulled back over the past couple hours towards their Primary Pivot after popping on the Turkey News last evening. 

    Hey Matt or Steve. Is

    Posted by cubby on 28th of Jan 2014 at 05:18 pm

    Hey Matt or Steve. Is the Turkish interest hike to thank for ES going up?

    If yes, how did that work? I know not US and somewhat geeky economic question. Thanks to anyone who can answer credibly!

    cubby - honestly not sure

    Posted by steve on 28th of Jan 2014 at 06:30 pm

    cubby - honestly not sure as to why the futures popped on that news but they did. From a technical perspective, ES formed an ascending triangle which resolved up on the news. 

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!