Friday, November 19, 2010

S&P500 day trading course Quantitative Easing

S&P500 day trading course Quantitative Easing Explained. Very entertaining and easy to understand. In a recession the Fed, Central Bankers of America, wants inflation not deflation. When Americans need prices to be low, they are trying to inflate prices. Fed has never been right in their policy. Ben Bernanke has no business experience and has never been elected. The Fed has no authority to commit Tax dollars to purchasing of Treasury Bonds.

S&P 500 day trading course

S&P500 day trading course price action

S&P500 emini futures day trading course levels of support and resistance.  We are looking at the 240 min chart.  The daily point of control is 1195. [caption id="attachment_3388" align="alignleft" width="257" caption="S&P500 day trading course price action"]S&P500 day trading course price action[/caption] We broke above the mid term point of control at 1189 and are testing the buyers commitment to take this above 1200. Lots of resistance here as we are almost glued to the 50MA. Looking for support to come in at 1189, and 1185 in short term with 1172 as an extreme low. Resistance will be coming in at 1200, 1207-9 and then 1216.

S&P 500 day trading course

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