S&P500 day trading course price action

S&P500 day trading course price action in the S&P500 emini futures [caption id="attachment_3311" align="alignleft" width="254" caption="S&P500 day trading course"][/caption] Point of control is 1137.25 with first resistance at 1144.25 then 1149.75 still looking for the open gap fill at 1156.25 and a swing to the high of 1163.25-69.25 . Support is coming in at the 200 ma 1132.25-33.50 this could add some support to bounce through today's highs. No news today.  This week could get volatile as the the SEC proclaims the source of the flash crash. We do have a lower high here, so it would not be a suprise to see a move to 1127.50 area or to the previous swing low 1119.25 I will be in San Diego until Sunday. Have a great week.  Trade what you see.

S&P 500 day trading course

S&P500 day trading course new highs Dollar clobbered.

S&P500 day trading course new highs could be coming on. We are watching as the S&P500 emini future contract is pushing for a double top at 1144.75. [caption id="attachment_3300" align="alignleft" width="254" caption="S&P500 day trading course double top"][/caption] 1125.75 was our point of control for the break out on news this morning. This broke our resistant trend line and took off through our 1132.75, 1137.25 and into our 1141-43 congestion zone. London's closing will put a bit of pressure on the markets as accounts are settled and we will see a volume drop off through lunch. Watch for short term support at 1140-41 as the sellers push against the buyers exhaustion on the move up. If by 2:00 the sellers haven't moved through to 1137.25 or lower watch for consolidation into the close. If the buyers have made another push during lunch to give us a new short term high watch for the attempt to 1156.25. On another front the EURUSD is giving the dollar a beating today. Here is a chart: [caption id="attachment_3301" align="alignleft" width="216" caption="S&P500 day trading course EURUSD vs S&P500"][/capti [...]

S&P 500 day trading course

S&P500 day trading course ny open

S&P500 day trading course levels of support and resistance. Looking for some resistance at 1129.50. for the gap. [caption id="attachment_3297" align="alignleft" width="254" caption="S&P500 day trading course 9-23 moving to gap"][/caption] Looking for the approach on the resistant trend line after filling the gap. From there a move to 1132.50 then 1137.50 and an extreme high at 1156.25 if we take out the previous swing high at 1144.25. We have support 1122 for point of control on the day. Expecting major congestion to 1113.50 as we have plenty of orders to support here. 1109.25 and 1103.25 for an extreme low.

S&P 500 day trading course