E-mini S&P 500 Surges after Bullish New Home Sales

  • Daily with Inside Day Break lower.
  • Stronger new home sales than expected.
  • Daily testing EMA100 with hourly price battle.

The E-mini S&P 500 Futures (Dec) contract dropped about 2.06% in yesterday’s Globex session after the market found sellers above the mentioned inside day. After stronger than expected new home sales of 1011K, the market surged higher above the balanced price range and eat the gains back into the distribution to find new buyers again in the New York trading session.


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Please consider the marked areas as areas of interest and not as actual trading levels!