S&P 500 day trading course July 24 S&P 500 emini futures live room

The S&P 500 basically rallied all day. The market was being bought on any slow down. It is amazing to see these bullish rallies. Especially in the light of the earnings that came out after the market closed. Microsoft profit dropped 29% as consumer demand for PC's is dropping revenues causing shares to drop. Microsoft, American Express and Amazon were another three that reported after the close with negative effects. American Express is seeing pull backs on the payments by cardholders on top of dropping the available money to lend around 25% from one year ago.

Lots of traders still on the side lines, so there is some cash out there. Be careful holding into the close.


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S&P 500 Day Trading Course Gap for July 24, 2009 Learn How to Trade

Open today came in at 951.50, just 2 ticks above yesterday's close. We filled the gap and hit our low of 950.75 within the first two minutes of trading today. From there we made our way upward throughout the day. Our high today was 976.75, giving us a very nice 26 point range for trading today. Trading closed the day at 972.25.

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