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Sunday, October 18, 2009

S&P 500 Day Trading Course Gap For Oct 19, 2009 Learn How to Trade



Friday's open was 1084.00, down 6 points through the overnight. We traded down early in the day to hit our low of 1077.50, then reversed and headed up into the afternoon. The high reached 1088.25, the prices relaxed to close the week at 1085.75, down 4.25 points from Thursday's close. Friday's range came in at 10.75 points, while the gap was left open at 1090.00.
Monday looks like we could see highs back in the 1085.75 area with an extreme high around 1090.00. On the low side we could see a drop down to the 1070 or even 1066 level with a strong push through the support at the 1076.25 and 1070 levels. Guess we will see what we get.
See you at the starting line!




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