Stock Indices Recap - 10/10/2017

October 10, 2017 3:38PM CDT

December S&P finished up 4.7 at 2548.5, 3 off the high and 5.2 up from the low.
December S&P E-Mini closed up 4.75 at 2548.5. This was 5.75 up from the low and 4.75 off the high.


While several measures forged a fresh new all-time highs again today, the reversal action from those highs had to erode bullish confidence somewhat. The potential for a Catalonia independence result, further proxy war uncertainty at Procter & Gamble and slightly soft third tier US scheduled data might have prompted some investors to bank profits. However, the bull camp should be cheered by rather lofty Walmart online sales projections for the coming two years and it is also likely that energy shares will remain underpinned as a result of this week's price action.

RJO Futures | 222 South Riverside Plaza, Suite 1200 | Chicago, Illinois 60606 | United States
800.441.1616 | 312.373.5478

This material has been prepared by a sales or trading employee or agent of RJO Futures and is, or is in the nature of, a solicitation. This material is not a research report prepared by RJO Futures Research Department. By accepting this communication, you agree that you are an experienced user of the futures markets, capable of making independent trading decisions, and agree that you are not, and will not, rely solely on this communication in making trading decisions.