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Thursday, October 22, 2009

S&P 500 Day Trading Course Gap For Oct 23, 2009 Learn How to Trade


Trading opened today at 1076.50, down 2 points from yesterday's close of 1078.50. Prices moved down this morning hitting a low of 1070.25 shortly after 10am market time. Prices then reversed and traded up into the close, hitting a high of 1092.25 shortly before close then relaxing a few points to close the day at 1089.75. The range today was 22 points, while the gap was closed early into trading.

Area's of support and resistance for tomorrow show another possible test up to the 1099 area of resistance, with an extreme high posting into the 1115.00 area. On the short side we could be looking at another touch down to the 1070's, with an extreme low around 1062.00. Let's see where things are in the morning. See you at the starting line!



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