[/caption] S&P Emini 500 Futures opened Monday with a small gap that filled quickly. Pricing once again pierced the 1150 level, but could not muster the strength to plow through the price. Volume on the day was a below average 1.7 million contracts, and the average trading range has fallen to 10.75 points. Today's range was about 10 points. The close formed a virtual daily doji again, as traders seem to be waiting for some sort of catalyst that will result in some sort of direction. Perhaps the Fed announcement tomorrow afternoon will provide a directional spark. S&P 500 day trading course
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