Today, the S&P 500 opened at 1098.00, leaving an opening gap of 5.50. This gap was nearly reached when the market dipped to 1092.75 at 11:35 AM. Throughout the trading hours of the day, the S&P 500 moved sideways in a 7.25 range. This narrow range never was able to break through that magical 1100 mark, only able to push up and test 1100 twice. With a some news at 2PM, one would think that we would have seen the market break thru 1100 but it failed to provide a substantial amount of volume to push higher. Again, with quite a bit of news tomorrow, look for a test and push thru at 1100. The market closed today at 1097.75, five points up from yesterday's close. Market Maker Edge Day Trading course
No comments:
Post a Comment