S&P 500 Day Trading Course Gap for June 23, 2009 Learn How to Trade

Today opened at 906.75, we hit our high of 907.75 in the first minute of trading and moved downward from there. Our low of 888.00 was hit only moments before close, while close came in at 888.50. Our range today was larger than recent days coming in at 19.25 points, while our gap from yesterday's close of 915.50 is still open.

S&P 500 day trading course live room emini futures education coach levels of support and resistance for, http://www.tradingonlinemadeeasy.com with break outs, break downs, point of control in live day trading room. The Money Maker Edge™ system

S&P 500 Emini futures coach daily for sept 12

S&P 500 emini futures trade

Trading the Money Maker Methodology for the S&P 500 Emini's.

Market gave a few really easy trades.

Took the last one Break even.

Can you see the trades?

Sept. 3 S&P 500 emini futures daily chart after hours

We are very propped up the Fed gave us a very light reading on the market. There is so much going on from Credit, inability of lenders to lend because of underwriting and we are going into the worst part of the Real Estate Market sales season.

Oil is loosing its catalyst of market movement, we shall see some large energy funds close out and give their investors a little money bank.

We are in a very tight trade channel, and when it successfully breaks out it we could see some very violent moves.

Oil looks like it is at a low so we shall see.

Dollar is also holding its strength.

S&P 500 Emini futures support and resistance Aug. 26

We have a reversal bar on the daily.

Looks like we might retest to 74-5 then could head down to the low 60's. We break the 59 mark and could see 48-51.

upper trend line held supporting TL looks like tonight could be it.

Aug 5 ES charts for Aug 6

We have an open gap sitting at 1320. It has not been filled yet, we could be heading up there. This pattern is an ascending triangle on the hourly. We have two open gaps below too.

Support and resistance are up, trade what you see.

July 24 S&P 500 hits bottom target

Here we are running back on our wonderful rally. We have a 34 point range today. Needless to say it was a very heavy trend.

Selllers were committed most of the afternoon. Dependant on the gap in the morning lets see how we can play it. if we gap down and shoot through 1240 then to the 20's we go.

I don't see where the support is going to come in as hedgies have loosed their positions in the financials again. Remember our memorandum from to days ago no shorting the banks unless you have an agreement borrowing those stocks.

Shall be exciting because it will be setting the pace for the following week.

Market news for this week

Wednesday, July 16, 20088:30a.m. Jun Consumer Price Index: Previous: +0.6%. 8:30a.m. Jun CPI, Ex-Food & Energy: Previous: +0.2%. 9:00a.m. May Treasury International Capital Flows: Previous: $60.6B. 9:15a.m. Jun Industrial Production: Previous: -0.2%. 9:15a.m. Jun Capacity Utilization: Previous: 79.4%.10:20a.m. Crude Inventories 1:00p.m.Jul NAHB Housing Market Index: Previous: 18. 2:00p.m.

FOMC MinutesThursday, July 17, 20088:30a.m. Initial Jobless Claims For Jul 12 Week: 8:30a.m. Jun Housing Starts: Previous: -3.3%. 10:00a.m. Jul Philadelphia Fed Business Index: Previous: -17.6. 10:00a.m. DJ-BTMU Business Barometer For Jun 28:

Friday, July 18, 2008There are no economic indicators scheduled for today.

SP 500 daily june 25 pre fed

June 17 SP 500 daily looks like rolling over.

Goldman says that the credit crunch will peak in 2009 and US banks need at least 69 billion to cover......Hi Ho Bernanke.

Daily SP 500 June 9

SP 500 daily June 6

sp 500 may 28 daily

SP 500 daily May 15

Coming into a tighter consolidation pattern.

SP 500 daily May 12 after hours

we have a few areas of confluence on the horizon. It looks like we might test a little higher to the 24 to 27 range and dependant on volume we could see a push to 1441. This would hit the 200 day moving average and also be a fibonacci retracement.

We shall see. If we get a lower high from here we will test the next level down.

april 28 daily