S&P 500 day trading course.
S&P 500 day trading course open gaps
These are the open Gaps we are looking to fill in the S&P 500 emini futures. Gaps open on both side of this price movement. Watch for quick downside movement.
Remember in a Bearish market, especially as we are approaching resistance there will be quick run ups to the approach of new highs and then volatile sell offs.
S&P500 day trading course live room : Prices opened today at 1048.00, up 6.75 points though the overnight. Prices saw a small move down first thing today hitting a low of 1044.75, leaving the gap at 1041.25 open and turning to move back up from there. Prices moved slowly up throughout the day, seemingly stuck to the 13ema making the trades rather difficult. The intraday high was 1064.00 which closed the gap from Wed which was left unfilled at 1062.25, then ended the day at 1061.50. The total range today came in at 19.25 points, with the close up 20.25 points from yesterday’s close.
S&P50 day trading course
For Fri if prices move to the upside we could see a touch up to resistance at 1067.75, from there the next level of major resistance is the 1076.00 area. If we move back to the downside we could see a retest of the 1040 level of support with possible stops at 1050.50 and 1047.50 along the way.
S&P 500 day trading course Oct 29 day trading video
S&P 500 day trading course looking for a bit of consolidation. Possible of a break down here with more sellers entering the market.
Notice the sell side volume increases.
S&P Emini 500 Futures opened with a 2.50 point gap down this morning. The gap filled with a pierce through that level during the 9:50 a.m. 5 minute candlestick, but that proved to be the high for the day at 1060.25. From there, prices plunged on above average volume. There were a couple of brief retracement periods during the day, but for the most part, price action was steadily lower. Prices closed at the low end of today’s trading at 1039.75. Volume was heavy at 2.8 million contracts traded. The day’s range was over 20 points deep, the average true range is 18.38 points. This marks the fourth day of lower highs and lower lows on greater than average volume.
