Tuesday, March 15, 2011

Day trading course S&P500 day traders mid session price projection

Day trading course S&P500 day trading course mid day session before close looking at consolidation zone and are for closing price on the S&P500 emini futures. [caption id="attachment_3573" align="alignleft" width="289" caption="Day trading course S&P500 consolidation zone and price projection"]Day trading course S&P500 consolidation zone and price projection[/caption] Point of control into the closing is 1273.  Above here buyers are in control. Consolidation zone in the blue rectangle.  The S&P500 will typically close with in 2 points of this range. The green resistant horizontal line is a price target for resisistance, on the way to the 50ma in purple. More resistance can come in at 1283 and then 1292. Dependant on what news comes out of Japan with the reactor, and if the European financial crisis pops back in to the news for front. Our extreme low held at 1251.  We shall see what happens in the over night and check on the over all volume on this move up and the end of session. Join us in Montreal April

S&P 500 day trading course

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