Monday, July 20, 2009

S&P 500 day trading July 21 range and trades

Today opened at 942.25 and closed at 946.25 - a mere 4 point change. Need I say more? That statistic alone, however, is misleading. The low of the day was 937.25 and the high was 948.25 - an 11 point range. So there was action and money to be made.

My favorite trade I didn't take (!!) was around 10:07 am. Entry was at 944.50, and then it kept going for over a 4+ point (16+ tick) trade. Sweet. Or shall I say, bittersweet?

Happy trading!

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