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.