S&P 500 Emini Day trading Gap Thursday June 11, 2009
S&P 500 Emini Futures gapped up 8 points this morning to open at 949.75.
S&P 500 Emini Futures gapped up 8 points this morning to open at 949.75.
looks like we still have a bit of indecision. Looking for a break out over 959 to new highs or a break of 943 support. We are hemmed in here. The invisible hand is holding this market high enough that confidence is coming back into the system.
It looks like this can really go wrong if inflation hits and that is what bond prices are showing.
This daily chart shows how the June closes relate to the January 2009 high.
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