S&P 500 Emini Day Trading Gap Thursday October 1, 2009
S&P Emini 500 Futures opened with a 3.50 point gap up, and the first 5 minute candlestick registered the day’s high of 1060.00.
S&P Emini 500 Futures opened with a 3.50 point gap up, and the first 5 minute candlestick registered the day’s high of 1060.00.
S&P Emini 500 Futures gapped up 2.25 points to open at 1060.75.
Day trading course, we are looking for a re test of the previous high around 1073.75 to 75.50. If we can’t push through the resistance we might consolidate here. If we loose commitment on the move up and have made the test on the highs we could have a double top in and would be looking for this to turn and retrace to support under the 987 area.
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