S&P 500 Daily Trading Course – NY Close

S&P 500 Daily Trading Course – NY Close

S&P 500 Daily Trading Course – NY Close
S&P 500 Daily Trading Course - 5 Minute Chart

S&P 500 Daily Trading Course - 5 Minute Chart

The news at 10:00 AM on new home sales was also quite bad today, and the market dropped quickly and dramatically on that news. The market recovered a little after that on low volume, and then became much more volatile after the Fed meeting and announcement at 2:15 PM market time. The market ended up being down about 5 Points for the day.

The market opened today at 1091.75 and closed at 1087.00.

The total range for the day was from a high of 1095.75 to a low of 1080.25.

There is only one recent open and unfilled gap left now at 1056.25 to the downside, and one at 1156.25 to the upside from about a month ago.

Good luck, and always trade only what you see.

 

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