There was a nice V shape to yesterday’s session

S&P 500 (Dec 12) INTRADAY Review There was a nice V shape to yesterday’s session in what was a very low volume day. Initially in the European morning the E-mini S&P drifted lower as a result of Italian political risk but the index bottomed out just above Friday’s low a pushed back up to make new highs following the US cash open. This meant that our neutral short strategy has a too aggressive entry level as the top of the range came at 1421 before the market drifted back lower to close

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There was a nice V shape to yesterday’s session

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