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

Open today was 889.00, 1 point down from yesterday's close. We filled the gap within minutes and moved into a steep down trend until noon. In there we did hit our high of 895.50, but continued in the down trend right into the afternoon trading.

We hit our intraday low of 876.75 @ 3:07, bringing us upward from there to our close for the weekend at 882.25. Range for the day was 18.75 points.

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S&P 500 Day Trading Course Gap for May 15, 2009 Learn how to Trade

883.75 was our open today, just 1 tick up from yesterday's close. With our gap from yesterday closed within seconds we were left to see what would become of day. 9:45 we had a run down to bring us to our 880.50 low of the day, after that came a change in direction. We climbed steadily into the afternoon reaching our 896.75 high for the day at 2:45. From there we went to our close for the day of 890.00. Range today was 16.25 Points, while our Point of Control was 889.25. We still have an open gap at 905.50. will it fill before Friday's close?

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S&P 500 Day trading coarse Gap for May 14, 2009 Learn how to trade

Open today in at 892.00, 13.5 points down from yesterday's close. We moved down pretty consistently through the day to our low of 880.00 by 1:32. This afternoon gave us a couple small rallies that fell over, with a wicked chop that lasted our final hour of the day. We closed at 883.50 today, our high was 895.50 leaving us with an open gap of 905.50 from yesterday. Point of Control tomorrow is 889.25.

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