S&P 500 Day Trading Course Gap for Mar 16, 2010 Support and Resistance
With another day of tight trading, prices moved a total of 10 points through the day on less than impressive volume again. Only 1.41M contracts were traded through the day, still another sign of the struggling market with no where to go. For days now price will test resistance at the top and back off, testing the waters but not jumping in. For the moment I feel that there is not much to do but be patient and wait. Watching for the market makers to make their move, and put some direction back into this slow and seemingly confused market. 
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