S&P 500 Emini Day Trading Gap Tuesday June 9, 2009
S&P 500 Emini Futures Day Trading THE GAP
- S&P 500 Emini Day Trading Gap Tuesday June 9, 2009
S&P 500 Emini Futures gapped down 6.50 points Monday to open at 934.00. Prices spent most of the day in an 8 point trading range and hit the day’s low of 925.50 during the lunch period. Around 2 PM market time, trading entered a narrow 2.5 point deep congestion area that lasted until about 3 PM. That’s when the buyers stepped up. Prices vaulted up 14 plus points on huge volume reaching the day’s high of 946.50 by 3:40 PM. That action filled the gap, but the close, 937.75, was down 2.75 points from Friday’s close.
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The Invisible Hand is stepping in.
Our Tax dollars at work. Is this insuring American Confidence so they will buy our corporate stock again?
We are passing all the benefits of our system to corporations vs. the individuals. Total of 150 billion to Banks..that are out hiring non US workers to do the accounting. Deficit is out of control. Walmart is the largest US employer. NOT GM….. trade $8.00 an hour job for $35…..