S&P 500 Emini Day Trading Gap Tuesday May 26, 2009

S&P 500 Emini Day Trading Gap Tuesday May 26, 2009

S&P 500 Emini Futures gapped up Friday morning, but the 2.25 point gap was quickly filled in the first 10 minutes of trading. Trading continued to the low for the day, 882.00 then, at the 10 am reversal, rallied back up to the open of 890.00. Prices remained within an approximate 5.50 point range for most of the remainder of the day. A sell off developed in the last 50 minutes of trading, and futures closed at 886.00, down 1.75 points.