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Monday, August 17, 2009

S&P 500 Day Trading Course Gap for Aug 18, 2009 Learn How to Trade


A solid gap down today opening at 984.25, 18.5 points from Friday's 1002.75 close. We opened only to immediately hit the high of 985.00, then started our morning decent into a 4 or so point area of consolidation between 982.25 and 978.25 for the remainder of the day. We did pierce it a couple times, one bringing us our low today at 976.50.

Today's close was 978.50 after trading a congested 8.5 point range for the day. Our gap from Friday was left unfilled, up at 1002.75.

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