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| S&P Futures Hourly |
The bears are re-testing that tail from the overnight swiper last week. Daily volume is pretty thin... and the ideal bullish reaction would be to not spend a lot of time in that 1391-1406ish zone (just poke around and get out). Current trade is about 1403-1404, with the LOD so far at 1401.75. With the high of the day session at 1418.50, that's a 16ish point range so far. That range seems a little wide given the intraday volume count so far, but December's are notorious for that. Personally, some of my biggest mistakes came from trades made in December, so be careful out there and don't try to force anything. Short term Sentimentrader indicators are looking ripe for buying.
