S&P 500 Day Trading Course Gap for Nov 16, 2009 Support and Resistance
Trading opened today at 1099.50, up 8.25 points through the overnight. Trading hit the low of 1098.25 within minutes of open, then turned and moved up from there. The high today was 1112.25 while trading closed the day at 1107.00. The intraday range was 14 points, while the gap at 1091.25 was left open.
For Tuesday, on the upside we are watching for prices to possibly test the 1120.00 area, while on the low side we could see price retest 1091.25, then the 1086.00 level after that.
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