S&P 500 Emini Day Trading Gap Thursday January 14, 2010

S&P Emini 500 Futures filled yesterday’s open gap on a good volume day with an above average trading range.  It seems volatility and volume are returning to the market.  Over 2 million contracts traded for the second day in a row.  The index retrace all of yesterday’s decline and finished up 10 points at 1142.00.  Tomorrow will bring several high impact economic reports before the market opens.  Those reports will most likely dictate tomorrow’s trading action.