Trading Plan – Open Gaps SP500 – 2015

Trading Plan – Open Gaps SP500 – 2015

Trading Plan – managing open gaps in the S&P500 emini futures.

trading plan open gapsWe are looking at the Daily Chart with regular market open and close on the S&P500 emini futures.

The first open gap at 2070 was filled today. Next support is the 50MA at 2056 then the 2020 open Gap.

Keep these targets in mind as the Topping pattern on the S&P500 emini futures executes.  Remember this is a supported market and there is always a chance of a snap back rally.

The dollar index has made an equidistant move on the market and is showing more strength for a continued move also.

 

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