S&P 500 Day Trading Course Gap For Jan 6, 2010 Learn How to Trade

Today's trading opened at 1128.00, down 1 point from yesterday's 1129.00 close. Prices traded to a low of 1125.00, then a high of 1132.25 leaving us with a small 7.25 point range for the day. Trading was still slow today although slightly higher volume than yesterday, trading about 1.3 million contracts before closing the day at 1131.75.

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

Hello Money Makers!!

Hope everyone has had a safe and happy holiday season!! Going into the new year it appears we are still struggling with our top in the 1120's. The light volume over the holidays has kept things rather slow, but moving into the new year now we can expect volume to pick up.

As Joel has mentioned the ES and the Eur/USD have come uncoupled, a tendency formation for a breakout in either market. Let's keep our eyes open and remember to trade what you see.

All the best to you in the new year, make 2010 the year all of your dreams come true!

See you at the starting line!

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

Another consolidated day in trading today as prices opened at 1105.00, down 4 points through the overnight. With a very slow start prices began trading up 4.5 points to the high of 1109.50, then worked thier way down to a low of 1100.25 where prices met support and turned back up. Close was m1104.00, down 5 points from yesterdays close. The gap was filled at 1109.00 while the day's range came in at 9.25 points.

An increase in seller volume brought prices back to the 1100 level today, watch for volume invreses on Wed to decide on direction for the rest of the week. If we break through support at 1100 we will be heading for 1085 again with possible stops at 1094, and 1088 along the way. If the sellers don't step up we will be stuck in this range btween 1100 and 1113 until somebody make a move.

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.