S&P500 day trading course 240 min chart live trade room

S&P500 day trading course 240 min chart live trade room [caption id="attachment_2429" align="alignleft" width="300" caption="S&P500 day trading course live chart"][/caption] Watching the 3rd attempt on the bullish Channel.  If we don't break through to retest at 1100 area would be looking for this to close as a hammer on the daily. There is not much volume commitment on this move down and the bulls are pushing this back up quite easily.  Watch for the 1118.75 resistance, if they can' t get above this level we could see a continuation down. This 20 point range we have been bouncing around in try to get direction has been indicative of past August sessions where  we have lower volume and stay rang bound until the Market Makers get back from Vacation. Watch for the news today on FOMC, could get some volatility. The Point of Control is 1125.25, if we move above here we have some room to 1133.75 then on to fill the open gap at 1156.

S&P 500 day trading course

S&P500 day trading course emini futures NY lunch to close

S&P500 day trading course emini futures NY lunch time and the market is stalled in the low volume move up. [caption id="attachment_2418" align="alignleft" width="236" caption="S&P500 day trading course daily aug 2 chart"][/caption] Market is slow so I wanted to post some targets for the S&P500 emini futures contract and show a possible price action. The Market is in a bullish channel with an extreme high target of 1165.  I am looking for 1065 the open gap and then a turn from here in the zone between the two. First area of resistance is 1133.75 then 1145. Since breaking the bearish channel at 1080.50 the market has moved up on lower volume.  The first two weeks in August historically have had lower volume and if this past year is any indication of market performance we will probably see this move up. The market's point of control for today is 1119.75 and we will probably consolidate around this area through to the close.  A doji on the day would be par for the course. 1108.25 is the first area of support but as we have seen over the past few weeks we will probably get a little bit of consolidation and then a break out from this zone.   The psychological support of 1100 is also there as bulls fight to keep this going up.  1080.50 is the extreme low in a sell off and expect to see some support in the 1093-97 zone and the 1087-89 zone. [caption id="attachment_2424" align="alignleft" width="124" caption="Montreal S&P500 day trading course "][...]

S&P 500 day trading course

S&P500 day trading course live room

S&P500 day trading course live room the point of control for tomorrow is 1107.25. [caption id="attachment_2409" align="alignleft" width="198" caption="S&P500 day trading course daily live trading room."][/caption] Volume is low, low, low so the market is rallying. Each day we have had this piddling amount of volume the market makes a new high. All green, 3 market days in a row. So we should see tomorrow a test of support and then a break to new highs on the same low volume. watching for 1118.75-19.75 . Looking for this to move up over the next few weeks to 1056.25 area before we put in the next leg down.

S&P 500 day trading course