S&P 500 Going Nowhere Fast

Does anyone else feel this train slowing down? Up up up up up up up ???--- since June 1, I for one haven't seen any direction. Up and down, back and forth....947, 925, 947, 925. Close for June 1st 942.75, what was today's close again? oh yeah, 941.75! Anybody else feel like banging their head against a wall??

So the next question, "What happens now??" Who the heck knows? If you have a crystal ball please share it with me!!! But I think my shorting bias may come in handy again in the not so distant future. It may not, only time will tell. But market makers, if you are out there? let's get this thing moving. I need some solid action!

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S&P 500 Trading Course Gap for June 10, 2009 Learn How to Trade

S&P 500 opened the day at 942.50 today, just 4.75 points down from yesterday's close. We traded downward the better part of the morning today hitting our low of 935.50 shortly after 11am market time. We moved up steadily from this point to our high of 947.00 shortly after 3pm then closed the trading day back at 941.75, a measly 3 ticks below today's open.

We closed our gap today of 937.75, while our daily range was 11.5 points.

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