Day trading course S&P500 day traders tips Chart

Day trading course S&P500 day traders tips Chart updated chart for the S&P500 emini futures market. [caption id="attachment_3622" align="alignleft" width="297" caption="day trading course S&P500 day trader tips"][/caption] Watching for this to break through1315 for the test on 13 21 and then a continuation to 1330.  the point of control was 1305.50 Today is a POMO day.  Fed buying treasuries today so expecting to see a low volume lift. More than likely will consolidate around 1314-16 until we see some commitment. The resistant trendline is also coming in at 1314-16 so once we see if the day traders are going to buy or sell is the key. Watch for this to get a bit of price failure through here.  If that is the case then support will be at 1305.50 then 1302 and then an extreme low 1296.25. Might see some volatility at 3:00 and at the close.

S&P 500 day trading course

Day trading course S&P500 day trading targets

Day trading course S&P500 day trading tips looking at the S&P500 emini futures contract targets. [caption id="attachment_3617" align="alignleft" width="297" caption="day trading course day trading tips daily targets"][/caption] WE will hit a bit of resistnace around 1302 and see some consolidation before a break to 1305.75 on the 200MA. If this rally continues with some increasing volume day traders could take this to 1313.75 and then next resistance of 1318.75. The inverted head and shoulders could play out to 1330 where we will hit resistance and then a target of 1342 as the previous swing high.  As mentioned on the monthly chart previously if we take out the 1365 area. Day trading targets in green with support in Red. Buyers are in as we are above the POINT OF CONTROL at 1297.50. Dollar is getting creamed on this one as Europe is controlling their Money supply with Interest rate hikes.  The shine of the Dollar is wearing off. [caption id="attachment_3618" align="alignleft" width="236" caption="Day trading course dollar index reversal to new lows"][/cap [...]

S&P 500 day trading course

Day trading course S&P500 weekly chart Day trading

Day trading course S&P500 weekly chart Day trading watching the S&P500 emini futures contract on the weekly chart.  Day traders are watching these levels and taking a break today after the past few days of movement.  We had a very low volume cross the board. [caption id="attachment_3610" align="alignleft" width="300" caption="Day trading course S&P500 weekly chart Day trading"][/caption] Watching 1278 to 1301 as a congestion zone on the weekly.  This is framed by two points of control. If day traders sell this below 1278 then the sellers will be in control.  If day traders buy this through 1301 with a close on the weekly then the buyers will be back in control. The 50 Ma is moving up and pretty close to crossing 1200.  This is a great area of long term support.  If price goes through here we would be looking for a sell off. We have resistance comin in at 1327 and also at the previous swing high of 1342. Watch out on the news as Japan, Oil, Libya, Egypt and Europe credit spreads could be cycling through the market. We have had our eye off the ball as the international news has kept us from focusing on the larger picture of our Money Supply and the crazy antics of our Keynesian Money party.

S&P 500 day trading course