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The S&P500 Emini Futures spent both the Globex and day session trading in and around our Weekly Trading Zones: 1315/1316 on the upside and 1309/1310 on the downside. Price did spike to 1319.25 pre-market and spiked as low as 1307 after the U.S. open. The following is an hourly Globex chart which shows that even though we traded inside a tight range the entire session, opportunities were available for both the Bull and Bear.

S&P 500 Emini Futures Hourly Chart 01/27/12

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