S&P 500 Daily Trading Class – NY Close
S&P 500 Daily Trading Class - 5 Minute Chart
The bulls were in charge today as the market went up slowly but surely on pretty low volume. Higher lows and higher highs were the rule virtually all day long, as the market closed up about 17 Points for the day.
The market opened today at 1093.00 and closed at 1110.50.
The range was from a low of 1091.25, to a high of 1111.50.
The open gap from yesterday’s close at 1084.50 was not filled today, but another unfilled gap from about two weeks ago at 1102.50 was finally filled. We also still have an open and unfilled gap from last Wednesday’s close at 1056.25 to the downside.
And there are still two recent open gaps at 1156.25 and 1112.75 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.
Leave a Reply
You must be logged in to post a comment.
