S&P 500 Emini Day Trading Gap Friday February 26, 2010
S&P 500 Emini Futures Day Trading THE GAP
S&P Emini 500 Futures had a big 6 point gap down Thursday morning. Action rallied to come back to within a point of yesterday’s close but never quite got there. There was high volume action today that yielded little change. Total volume was a well above average 2.7 million contracts. Trading range was 18.25 points, deeper than the average. true range of 15.0 points. The 1102.00 close makes the daily candlestick finish as a doji formation.. That reflects a market in decision. Trading has hovered around 1100 for the last few sessions.
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