Princetontrader Futures Trading Education Charts of The Day April 7, 2017
The S&P futures are in the midst of another volatile session. Trading was good last night and volatile off the back of Syria and the Jobs Report. We are trading in between the 50 day ema and the daily mid band. This has been the case for the past 4-5 sessions. The winner of this range will win the next move in this market. Bears have had ample opportunity to get below 2336 and failed in each attempt. Bulls have had ample opportunity to get above the daily midband as well with no success. Something needs to give. We are in protection mode today after booking 85 room handles to start the month. The tape is most definitely back. Have a great weekend.