[/caption]  As you can see we retraced back to  the yellow resistance line at 1160 that I have drawn in from the initial break down on 6th of May with our 200 MA as the target.  I am expecting this to consolidate in this area with 2-3 days of indecision in a tight range.  Support at 1142.25 then again at 1119.50  Open gap at 1109.75 to the down side.  On the upside we could see the test of previous highs at 1158.75-1161.75  S&P500 day trading course mid term trading charts 30 min.  [caption id="attachment_2256" align="alignleft" width="204" caption="S&P500 day trading course 30 min "]
[/caption] S&P 500 day trading course


No comments:
Post a Comment