S&P 500 Emini Day Trading Gap Tuesday June 2, 2009

S&P 500 Emini Futures gapped up 9.5 points Monday morning and the gap remained unfilled. Prices moved from the open of 931.75 to 940 in the first hour of trading, then remained in a 5 point trading range for the rest of the day. There was a brief excursion out of the range that took prices to their highest for the year of 947.25. Trading dropped back into the range, however and closed at 942.75, up 20.5 points from Friday’s close.