Yesterday was President’s Day bank holiday in the US

S&P 500 (Mar 13) INTRADAY Review Yesterday was President’s Day bank holiday in the US and so the E-mini S&P had a shortened session. As expected the market was unmoved all day and was stuck in a 3 point range between 1519 and 1516. Strategy This morning has seen the German ZEW economic sentiment data surge above expectations to post a new 2.5 year high and in so doing adding weight to the belief that the start of 2013 will seen the German economy snap back to growth after a – 0.6%

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Yesterday was President’s Day bank holiday in the US

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