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Gaps and FED news at 2pm


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#1 Darris

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Posted 09 October 2007 - 10:44 AM

News at 2pm today, and we have a gap down gap above at 1571 on the ES, and two gap ups below around 1552 and 1562. Could be an interesting afternoon since the last few trading hours have been slow. Also the week before OPEX action comes into play. I am going to guess this mornings gap up gets filled on the news, and then we rally to fill the gap down from Monday towards the close, and then create another gap up on Wed. :redbull: :redbull: :redbull:

#2 eminimee

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Posted 09 October 2007 - 11:01 AM

I think we'll close spx 1543 ish or maybe lower....but could get a slight new high before hand.

Edited by Teaparty, 09 October 2007 - 11:02 AM.