S&P 500 Emini Futures Day Trading THE GAP
- S&P 500 Emini Day Trading Gap Monday June 1, 2009
S&P 500 Emini Futures opened Friday’s trading at 909.50, A 5 point gap up from Thursday’s close. 20 minutes later, the gap had filled and futures were trading at the low for the day, 902.25. For much of the remainder of the day, a relatively narrow 6-8 point trading range developed. At 3 pm, market time, prices entered congestion and stayed there until 3:40. Then, buyers stepped in and dramatically took over. The final 5 minutes of trading showed a 14.5 point candlestick on huge volume. The close of 922.25 was within 2.5 points of the day’s high, 925.75.
S&P 500 emini futures day trading THE GAP
- S&P 500 Emini Day Trading Gap Friday May 29, 2009
S&P 500 Emini Futures gapped up 8 points Thursday morning, then filled within the first 30 minutes of trading. The sell off continued to the day’s low of 886.25. From that point trading remained within a broad up tending 9 point wide channel. Trading concluded in an area of congestion, closing at 904.50, up 12.75 points.
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Learn to trade S&P 500 emini futures
Learn how to day trade emini futures. S&P 500 emini futures
Levels of support and resistance.
Point of control is 904.75 watch approach to 898 area as this area of support is where the fed has been feeding the market.
