S&P 500 Emini Day Trading Gap Thursday July 16, 2009
S&P Emini 500 Futures filled one open gap today, the July 1 close of 919.00, but left us with a new open gap from this morning.
S&P Emini 500 Futures filled one open gap today, the July 1 close of 919.00, but left us with a new open gap from this morning.
Price has moved between the 200MA (publicly traded) and the 200ema (market maker)
S&P 500 broke through resistance and the bulls were in control for the last thirty minutes of the day as price pushed away from the point of Control. We gapped up during the reconciliation period a total of 5 points. We shall see where this puts the market in the after hours as Asia then Europe opens. A little bit of news so keep your heads up.
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