S&P 500 Emini Day Trading Gap Tuesday April 6, 2010

S&P 500 Emini Futures Day Trading THE GAP [caption id="attachment_2165" align="alignleft" width="493" caption="S&P 500 Emini Day Trading Gap Tuesday April 6, 2010"][/caption] S&P Emini 500 Futures gapped up 4.75 points at the open, and the gap remained open at the end of the day.  Today's action created a new market high since the March 2008 lows.  The high came on very light trading.  Volume was just little over a million contracts which is about half of the 50 day average.  Highs marked on light volume are suspect.  It will take a high volume follow through by the markets in the next 2-3 days to validate the upward market direction.  All of the time frames show an overbought condition, so be alert for a downward correction.  Expect to see support at the 1170 level before a retest of the current highs.

S&P 500 day trading course

Twitter Weekly Updates for 2010-04-04

• $eurusd $fx #currency managed funds Twitter Weekly Updates for 2010-03-28 #
• S&P 500 Emini Day Trading Gap Tuesday March 30, 2010: S&P 500 Emini Futures Day Trading THE GAP S&P 500 Emini Day ... http://bit.ly/afPBrs #
• Train is departed, #eurusd $$ some intermediate support at 1.34 looking for small bounce to 1.3410 and continue $eurusd #forex #fx #dollar #
• #eurusd $$ showing engulfing bearish pattern, looking at the 4 hour #chart looking for support 1.3385 then 1.3280 for a retest $eurusd #fx #
• RT @zerohedge: New post: Google Now Essentially Shut Down In China http://tinyurl.com/ycz2tx9 #fx #google #
• #[...]
  
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S&P 500 Emini Day Trading Gap Monday April 5, 2010

S&P 500 Emini Futures Day Trading THE GAP [caption id="attachment_2162" align="alignleft" width="493" caption="S&P 500 Emini Day Trading Gap Monday April 5, 2010"][/caption]

S&P 500 day trading course