Monday, March 21, 2011

Day trading course daily targets S&P500 day traders

Day trading course S&P500 day traders targets on the 240 min chart.  S&P500 emini futures contract support and resistance. [caption id="attachment_3606" align="alignleft" width="300" caption="Day trading course targets S&P500 day traders"]Day trading course targets S&P500 day traders[/caption] Our call for a rally on Monday was right on the nose with all targets filled on this move up from the point of control at 1285. The S&P500 day trading course has set targets for resistance at 1294.50, 1299.25 and 1308.25 just above the 200ma, for an extension of this AM move up. Day traders can see we have support in at 1289 then, 1285 on point of control and 1281 on a retracement from the swing low at 1272. If buyers are losing commitment on this move up we could see some of these support targets coming on. Japan's market is closed on Monday for a National holiday so some of the volatility will be out for the day.  Watch in the evening as the Nikkei opens and we could see some movement on the S&P500 futures contract on the low volume.  Watch out. Don't get caught in an after hours open if there is move bad news on the reactors.  There are a lot of speculators that looking for Japan and Insurance companies to bring dollars in to pay for the destruction so Market Makers are hammering the YEN.  Central Banks are stepping in, but futures market in Yen is getting hammered with large holds against the currency.

S&P 500 day trading course

Day trading S&P 500 emini futures live trading room and day trading course's Fan Box