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Emini Futures | Google Hits China Misses


The S&P 500 Emini Futures rallied to the 1380/1381 Weekly Trading Zone as discussed last night. Google reported earnings after the close. Shares were slightly higher in late trading, as CEO Larry Page announced the creation of a new class of non-voting stock, a move he described in a letter as “effectively a two-for-one stock split.”

Futures responded positively on the Asian open until relased their GDP and the S&P 500 Futures dropped 5 points in 3 minutes. The forecast was 8.4 but came in at 8.1. The question now is will 1380/1381 become support? We are currently at 1382.25 down from the Globex high at 1388.50.



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Emini Podcast for Thursday 04/12/12

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    Response: Epixeirhseis
    [...]Emini Trading - emini news blog - Emini Futures | Google Hits China Misses[...]

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