Thursday, April 30, 2009

S&P 500 emini futures April 30 learn how to trade



S&P 500 emini futures learn how to trade


Quick recap for April 30, 2009


Opened today @ 879.50 after yesterdays 868.00 close, leaving us with a nice 11 1/2 point gap to fill. Being thursday gave us a nice indicator to watch for a change in direction. After open we kept with our 2 day up trend peaking @ 887.00 this morning before breaking through support @ 879.25 early this afternoon giving us our change in direction and filling the gap shortly after 1'oclock. Point of control today being 875.00, with an intraday low of 864.50. Nice little sell off just before close today (I wish I was in on!) closing out at 869.00. Let's see what tonight brings and be ready to make some money in the morning.

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