S&P500 day trading course price action lunch time

S&P500 day trading course price action lunch time, Thursday S&P500 emini futures have had a low volume, move up from the past 6 days moving down. [caption id="attachment_2903" align="alignleft" width="201" caption="S&P500 day trading course price action"][/caption]

S&P 500 day trading course

S&P500 day trading course price action

S&P500 day trading course price action and levels of support and resistance. [caption id="attachment_2776" align="alignleft" width="201" caption="S&P500 day trading course price action support and resistance"][/caption] Point of Control will be 1047.50 on the day. 5 down days in a row. This is normally where we get a bounce so watching for a doji on the day. Support is coming in at 1040.50 with next major support at 1036.75 then 1025.25 and an extreme low of 1001.25. WE could consolidate around the POC and then close at 1049.25 . with further resistance at 1055, 1062.75 as the 200MA is going to put up some tough resistance.

S&P 500 day trading course

S&P500 day trading course inverted head and shoulders.

S&P500 day trading course inverted head and shoulders. Price action in the S&P500 emini futures is pointing towards an Inverted Head and Shoulders with support at 1036.75. We could consolidate at 1049.25 on the way down there. [caption id="attachment_2508" align="alignleft" width="203" caption="S&P500 day trading course Inverted Head n Shoulders"][/caption] Resistance will be at 1059.25 for resistance and yesterdays close of 1065 for the gap. Point of control for the day will be 1056. Housing news is getting worse and worse. Looking for a continuation down in housing prices this fall and further foreclosure in the commercial sector as more over leveraged loans are called. Many factors to keep this market down. If the bond market collapses soon we could see hyper inflation set in.

S&P 500 day trading course