Thursday, May 20, 2010

S&P500 day trading course pre market

S&P500 day trading course pre market areas of support and resistance. [caption id="attachment_2293" align="alignleft" width="211" caption="S&P500 day trading course 15 min chart"]S&P500 day trading course 15 min chart[/caption] After hours drifting up as Euro is getting pushed up more and more. Love that Bernanke see the possibility of US economy slowing because of the Euro. Point of control 1072.25 for direction. 1061.25 the previous swing low is our first intraday support for tomorrow.  Look for a test to 1047.25 if we break this low. We have resistance at 1089.25 with some consolidation occurring around 1078.25-to 1079. Extreme high of 1118.  Don't see how it will rally that far unless there is a low volume close. 1097 area we are hitting our 200MA so expecting to see resistance there too.

S&P 500 day trading course

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