Tuesday, October 5, 2010

S&P500 day trading course price action

S&P500 day trading course price action and levels of support and resistance.  The Gap is filled at 1156.25 and we have a small bit of resistance to 1166.  If the S&P500 emini future breaks through here then 1166, 1178.250 and next level running to 1198.50. [caption id="attachment_3314" align="alignleft" width="254" caption="S&P500 day trading course"]S&P500 day trading course[/caption] Support is close to the Gap at 1156.25 with then next major level comig in at 1144.75. There is an open gap at 1142 and one more level of support at 1138.75 so this area will give a lot of support. The next level is 1122.25 with 1111 as the next major level. It will take some selling off volume to move it down. [caption id="attachment_3316" align="alignleft" width="235" caption="S&P500 day trading course daily chart for 10-6 price action"]S&P500 day trading course daily chart for 10-6 price action[/caption] The Inverted Head and Shoulders has almost completed its equidistant move to 1166 with a very powerful move up on low volume. [caption id="attachment_3317" align="alignleft" width="199" caption="S&P500 day trading course 10-6 price action daily chart"][...]

S&P 500 day trading course

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