S&P 500 Emini Day Trading Gap Wednesday June 3, 2009

S&P 500 Emini Futures opened Tuesday morning at 939.50, a gap down of 3.25 points. The next 30 minutes of trading rallied prices to a new high for 2009 of 949.00 and filled the morning’s gap. Trading hit several small areas of congestion the rest of the day, and closed approximately in the middle of the day’s 12 point range at 944.00. An unfilled gap remains underneath from the Friday May 29th close of 922.50.