S&P500 day trading course price action pre market

S&P500 day trading course price action pre market looking at the daily chart [caption id="attachment_2503" align="alignleft" width="190" caption="S&P500 day trading course ny open price action "][/caption] Presently in the after hours we have a doji on the 200 ema, this is perfect for a break out to determine direction. The Point of control for today is 1094.25 for a bullish break out on low volume. Looking for 1094.25 as first resistance, 1100-02 as second resistance and then 1109-11 for the next area of resistance and a congestion zone. It looks like we do have price failure into the 1086-94 congestoion zone this past three days so there is a possibility for a sell off breaking the supporting trend line (yellow) with a move past 1080.50 then on to 1069 area. If we move below the 1062 area I would be looking for a formation of an Inverted H&S in this next two weeks.

S&P 500 day trading course

Tony Robbins on the economy and education

Tony Robbins view on the economy and comments on the market and consumer spending. Market slowdown effecting everyone and positions of Banks, borrowing and securitization. Business is not borrowing, they are not hiring and no matter how much they stimulate, the economy is not moving. Part 2 continuing the conversation. Also talks about education and the roll of learning what to do. Tony Robbins on the economy, consumer spending and the housing market. Please comment and tweet.

S&P 500 day trading course

S&P500 day trading course Price Action

S&P500 day trading course NY open price action and levels of support and resistance. [caption id="attachment_2464" align="alignleft" width="190" caption="S&P500 day trading course NY open "][/caption] No news today after market opens.  Looking at a point of control for this morning at the 200 ema at 1086.75. Sellers lost control of direction yesterday and buyers stepped in giving us some price failure.  If we break above here on basket orders we could see this head back to 1094.25 then on to the psychological 1100. Yesterday the Ninja Trader Zen Fire platform placed orders that were cancelled after their ISP went down.  Cost a lot of traders some money. If you see some inconsistent action on your trading platform do not trade. Never risk money to see if it is working.  Call if you have to but do not place an order.  You don't know if there is a delay.

S&P 500 day trading course