S&P 500 Day Trading Course Gap For Oct 20, 2009 Learn How to Trade

Trading opened today at 1086.50, up 5 ticks from Friday close. The morning gave us our low for the day at 1082.75, then turned and trading up from there hitting the 1096.75 high for the day at about 1:40 market time. The rest of the day consolidated into a 3 point range between 1093.75 and 1096.75, closing at 1094.25 for the day. Today's range was 14 points, with a today's close 9.5 points up from Friday's.

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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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S&P 500 Day Trading Course Gap For Oct 16, 2009 Learn How to Trade

Trading opened today at 1082.75, down 6 points from yesterday's close. We traded up right from open today, hitting our low almost instantly at 1082.25 then moved up from there. Higher lows was the story today as we travelled upwards, hitting the high shortly before close at 1091.75, then backing down 7 ticks to close the day at 1090.00.

The range for the day today was 9.5 points while we keep moving up into areas that we have not seen since last year. Volume was up today from earlier in the week at 1.83 million contracts, but the day as a whole didn't move all that much was a 9.5 point range. makes me think that the buyers may be giving it one last try to move the market. Lets see what tomorrow brings us for the weekend.

See you at the starting line!

S&P 500 day trading course live room emini futures education coach levels of support and resistance for, http://www.tradingonlinemadeeasy.com with break outs, break downs, point of control in live day trading room. The Money Maker Edge™ system.