How LOW was the futures before the rate cut?

Discussion in 'Trading' started by sunggong, Jan 22, 2008.

  1. Just curious. Thanks.
  2. 1255 is the magic number.
  3. MTE


    ES 1255.50
    ER 637.50
    NQ 1744.50
    YM 11456

    It would've been lower if it weren't for circuit breakers.
  4. Thanks!
  5. I refuse to make a play long until I see those numbers tested.

    I'm sitting back with my trade tickets set until max pain and margin calls are done.
  6. the question should be, "how high did futures go after rate cuts?"

    es reached 1300 but fell sharply. we're still due for a big down at open.

    poor corporate earnings seem to have dulled the 75 bp cut.