S&P500 day trading course Inverted H&S

S&P500 day trading course Inverted H&S is still holding on the S&P500 emini futures chart, we have tested down to 1036.75. We have tested down 3 days out of six. The point of control is 1049.25. The FOMC will be at 2:00 so we might have another low volume day. [caption id="attachment_2932" align="alignleft" width="211" caption="S&P500 day trading course inverted Head and Shoulders on daily chart"][/caption] If we Break through this support at 1036.75 then the next area of major support is 1001.75 which is a major support. Targets below this are 955.25 then 936.50 with 855 as major support if we get a sell off.

S&P 500 day trading course

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