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Monday April 13 2009 S&P 500 Gap
Monday April 13 2009 S&P 500 Gap
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S&P 500 day trading course April 8 live room
Looking for the S&P 500 to consolidate until after the fed report at 2:15. We almost closed the gap as mentioned in last evenings video. We still have quite a bit of room down but could be looking at some support at the 800 level. Lots of psychological support here. If we break through here we could see the next open gap closed at 775 range.
More volitility could enter the market after 2:00 watch out for the break outs out of low volume consolidation.
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S&P 500 day trading course Emini futures live room april 7
Looks like there is more congestion in the forecast for us. No big news to hit the fan, or the investors. Seems like we are in a continued bear trap although the sell off hasn’t begun. Normally, the market makers make the drop more severe, wonder what the wait is for? More investors to join in?