Montreal training
S&P 500 Daily Trading Course – NY Close
S&P 500 Daily Trading Course - 5 Minute Chart
The market was up early in the session today and even got above the psychological 1100 mark for a short time. But after that, the Bears took over for the rest of the day and the market closed down about 11 Points for the day.
The market opened today at 1095.50 and closed at 1084.50.
The range was from a high of 1101.75 to a low of 1084.25.
The open gap from Friday’s close was filled today, but we still have an open and unfilled gap from last Wednesday’s close at 1056.25 to the downside.
And there are still three recent open gaps at 1156.25, 1112.75, and 1102.50 to the upside, as well as some old gaps to the downside from July, 2009 that were never filled, at 972.25 and 902.00.
Good luck, and always trade only what you see.
S&P 500 Day Trading Course Gap for Nov4, 2009 Support and Resistance
Trading opened at 1032.00 this morning, down 6.5 points from Monday’s close. Prices traded back and forth today, giving us a bit of the chop but still moving enough to get some moves. Prices hit their low of 1030.75 right out of the gate today, then up and down a few times in the 12.25 point range giving us a high of 1043.00 around 2pm where prices tested resistance. Trading then closed the day at 1041.00, up 3.5 points from previous day’s close.
If we move up tomorrow watching for a test of the 1050.50 level, then the 1057.25 and 1061.00 levels. If prices move down we could be looking at retesting the 1035.00 and 1026.00 levels.
Keep your eye on the price, see you at the starting line!
