S&P Support Levels

Discussion in 'Trading' started by JPRDT, Nov 13, 2008.

  1. JPRDT


    Im fairly new to trading and basically am just a spectator for now trading the s&p eminis (only on paper). But for the past few days the opening gap down hasnt even come close to filling, I know that Paulson's speech today pompted futher downward pressure, but as it retests the new lows is there any reason to believe that there will be a bounce and the gap filled tomorrow? As I write this the futures are down 8 points putting it really close to the support level of around 840.