Day trading course support and resistance

Day trading course support and resistance, Day traders have sold this to support. [caption id="attachment_3857" align="alignleft" width="281" caption="Day Trading Course|learn how to day trade|866.640.3737|"][/caption] Today's point of Control 1294.50 with a test to supporting trend line at 1289.75. Sellers are in control but have slightly exhausted and are consolidating in a channel from 1297 to 1294 with an occasional head fake to take out those who don't understand the settings in this time period. Looking for a break above 1296 later in the day to move to the resistance at 1303 area. If we can get through to 1306 then looking for 1314 area on continued buyer volume. If sellers do take control from the supporting long term trend line at 1391.50 then watching for further movement to support at 1282.75 and an extreme low at 1278.50.  

S&P 500 day trading course

Day trading course|866-640-3737| learn how to daytrade

The bearish channel is holding. S&P500 emini future day trading course looking at the price action and areas of support and resistance. [caption id="attachment_3850" align="alignleft" width="300" caption="Day trading course|866-640-3737| learn how to daytrade|Day trading coach"][/caption] The bearish Channel resistance was tested at 1347.50 with a head fake leading into reversal to cross the point of control at 1337.25 Our first support was the 200MA in red which quickly became the resistance in a consolidated channel, next support is 1326.50 then 1319. 1312 is the extreme low of the day. If the Sellers have a lot of commitment watch for a push to the 1302 area again as in our previous swing low. Sellers did enter the market with volume today and we can see what will happen in the last hour. Maybe the invisible hand will step back in and lift this back up.  Learn how to trade this price action in our day trading course. We are scheduling one June 25-27 in Edmonton, Canada.  Join us.

S&P 500 day trading course

Day trading course S&P500 bear channel holds

Day trading course S&P500 bear channel holds.  The S&P500 emini futures price action as the buyers tested the resistance on the bearish channel.  It turned out to be a head fake as sellers moved in to control the am session. [caption id="attachment_3845" align="alignleft" width="300" caption="Day trading course Bear Channel Head fake"][/caption] Point of control is 1342 with sellers taking control in the AM session. we have initial support at 1339 and saw a move down to the 50MA at 1336.  We might see sellers consolidate here before the next push down to 1330.50  and then a move to 1322 the next support. We have been in a short term bullish channel from 1302 with an upside target of 1357. Our resistance will be at 1345-46 and then 1352 then 1357.   This is where we had the previous start of the Bin Ladin Head fake before the sell off to 1302. WE will be having a live day trading seminar in Edmonton, Canada June 25-27. Join us if you can.  Learn how to manage your risk, and if you are a seasoned trader that can't seem to get their targets, we will have some break through exercises to get the victim out. Trade what you see and watch out for the news, don't let it get in the way of making profits.    

S&P 500 day trading course