S&P 500 Emini Day Trading Gap Monday August 3, 2009

S&P 500 Emini Futures Day Trading THE GAP

: S&P 500 Emini Day Trading Gap Monday August 3, 2009

S&P Emini 500 Futures opened within a tick of yesterday’s close at 982.25, so, no gap today. Trading all day was sideways within a 7-8 point range that stayed mostly inside the lower two thirds of yesterday’s range. I’ve included yesterday’s trading on the chart to show the overhead minor downtrend from the Thursday high. Today’s high was 990.50 that printed on the 3:30 p.m. candlestick. From there, a sell off took prices to the low end of the range, and the close of 983.50 was up a point from yesterday. Nevertheless, today’s daily candlestick shows as a doji. That’s two dojis in the last three days. Perhaps the market is in decision. Volume was slightly above average at 2.0 million contracts.

Post from: SP500 Day trading course - S&P 500 Day Trading Coach
S&P 500 Emini Day Trading Gap Monday August 3, 2009

http://feedproxy.google.com/~r/Sp500MoneyMakerEdge-Sp500DayTradingCoachLearnHowToTrade/~3/GvyrfiG9sEY/

0 Spot It!

Be the first to comment

via Learn S&P 500 day trading in live...
almost 3 years ago

Also in this source

0

S&P 500 Emini Day Trading Gap Friday July 31, 2009
S&P 500 Emini Futures Day Trading THE GAP S&P 500 Emini Day Trading Gap Friday July 31, 2009 S&P Emini 500 Futures had a big 11.50 point gap up this morning. The open, 983.75, erased the open gap from Tuesday’s close, but created a new one since today’s gap never came close to filling. Today’s low was marked in the first 20 minutes of trading at 981.50. Prices rallied over the next hour, got to the day’s high of 994.00, then settled into a 5 point range that lasted until the last 20 minutes...
0

S&P 500 Emini Day Trading Gap Thursday July 30, 2009
S&P 500 Emini Futures Day Trading THE GAP S&P 500 Emini Day Trading Gap Thursday July 30, 2009 S&P Emini 500 Futures opened Wednesday with a gap down of 7 points at 969.50. Prices moved lower then attempted to fill the gap. Traders got the price to a 76.4% retracement, 975.00, but that proved to be the day’s high and the gap went unfilled. Over the next hour, prices formed a pennant type formation with a series of lower highs and higher lows. The 11:15 candlestick tested the descending...
0

S&P 500 Emini Day Trading Gap Tuesday July 28, 2009
S&P 500 Emini Futures Day Trading THE GAP S&P 500 Emini Day Trading Gap Tuesday July 28, 2009 S&P Emini 500 Futures opened at 975.50, a 2 tick gap down that filled within the first minutes of trading. At 10 a.m., prices vaulted out of a short period of congestion and reached the high of the day, 979.75. The price spurt coincided with the release of the New Home Sales figures at 10 o’clock. Over the next hour, sellers stepped in and drove the Emini futures to the day’s low of 969.00. The move...

S&P 500 Emini Day Trading Gap Monday August 3, 2009

Be the first to comment

Leave a comment