The following Commodity Futures Market Analysis is the opinion of Optimus Futures. Click on the charts below to enlarge it.
S&P 500 Index Futures (ES)
The S&P 500 Emini futures market traded within a very narrow range in a dull phase of trading last week as it consolidates after breaking past the wedge pattern early on.
Last week we analyzed how the move past the wedge pattern formation appears to be refreshing after a prolonged period of sideways trading activity. Yet we noticed that the market had failed to post an initial or a delayed pullback to the breakout point, which technical