S&P 500 Emini Futures Day Trading THE GAP
S&P Emini 500 Futures ended the last full week of the first quarter with a doji formation on the Friday daily chart. Volume was average at 2.16 million contracts. The day’s range was a surprising 13 points, which is above the 14 day average true range of 11.3 points. Still, volatility has been almost nonexistent in the Emini futures lately. The big late market sell off on Thursday proved to be a non event as far as Friday’s action was concerned. This will be a short week with the market closed on Good Friday, April 2nd. Even though the market is closed Friday, it appears non farm payroll numbers will still be released. That’s the current information, watch the news for confirmation of that report. The expectation for extreme moves in the final three days of the first quarter of 2010 are low.