Decent size gap up to start the week. I'll watch it for a fade . We are currently at Thursday's Point of Control, so we should get a tip of the hand by the market early.
S&P 500 Futures levels of interest:
Recent high: 1352.75 (2/9/12)
Overnight highs: 1352.25
Overnight lows: 1242.75
Gap fills at: 1341.25
Lap fills at: 1340.25
Top of Friday's Value Area: 1338.50
Bottom of Friday's Value Area: 1335.50
Friday's Point of Control: 1336
Value Areas and POC are based on Volume, not TPOs.
Trade well,
tiny
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