Thursday, May 13, 2010

S&P500 day trading course London close

S&P500 day trading course London close and the direction for the day. [caption id="attachment_2266" align="alignleft" width="204" caption="S&P500 day trading course 15 min chart"]S&P500 day trading course 15 min chart[/caption] The major trend lines in this bearish channel give our direction for the day.  I see no volume commitment that will enable us to break through the support at 1142.50.  Check the daily chart below to see the areas of support. Looking for a bounce to 1168.50 and if buyers are firmly in control a move to 1170 area. If we get a volume increase I would look for some selling into the close with 1161.75 as the low. Coming on the 200Ma furthering support at 1160-61 . Tomorrow could be some fireworks as we are heading into the weekend.  Expecting to see another push up on the EURUSD that might bring our markets a touch higher. S&P500 day trading course daily chart. [caption id="attachment_2267" align="alignleft" width="219" caption="S&P500 day trading course daily chart"]S&P500 day trading course daily chart[/caption] Resistance at 1175.  This is the level I put up three days ago. The area between 1161.25 adn 1175 is where I am looking for this market to consol [...]

S&P 500 day trading course

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