Thursday, May 6, 2010

S&P500 day trading course

S&P500 day trading course loving the volatility.  S&P500 daily chart following with support lines and targets.  Looking for a retrace also. [caption id="attachment_2221" align="alignleft" width="219" caption="S&P500 day trading course"]S&P500 day trading course[/caption] Looking at support for 1142.25 with a possible retracement to 1155.50 Quite a bit of momentum behind this move with no let up from the Greek debacle. Dollar strength is also contributing to this. This move down is also going to get increased selling to move into treasuries.  Watch out if you are a dip buyer, this looks like it could be the turn. Probably get a retrace when the Eurozone calms a bit.

S&P 500 day trading course

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