S&P 500 emini futures day trading THE GAP

S&P 500 Emini Futures opened Monday’s trading with an 8.50 point gap up that remained unfilled for the day. Trading initially trended down for the first 30 minutes, attaining a low for the day of 889. The trend reversed at 10:20 market time, and continued up for the rest of the day. Trading encountered three areas of 2-3 point deep congestion, before resuming the up trend. An upsurge in the last 15 minutes succeeded in filling an open gap from last Wednesday’s open. An open overhead gap remains from the Friday, May 8th close of 925.50. Underneath the current range, an unfilled gap is in place from the Friday, May 1st close of 874.00.