S&P500 day trading course new highs Dollar clobbered.

S&P500 day trading course new highs could be coming on. We are watching as the S&P500 emini future contract is pushing for a double top at 1144.75. [caption id="attachment_3300" align="alignleft" width="254" caption="S&P500 day trading course double top"][/caption] 1125.75 was our point of control for the break out on news this morning. This broke our resistant trend line and took off through our 1132.75, 1137.25 and into our 1141-43 congestion zone. London's closing will put a bit of pressure on the markets as accounts are settled and we will see a volume drop off through lunch. Watch for short term support at 1140-41 as the sellers push against the buyers exhaustion on the move up. If by 2:00 the sellers haven't moved through to 1137.25 or lower watch for consolidation into the close. If the buyers have made another push during lunch to give us a new short term high watch for the attempt to 1156.25. On another front the EURUSD is giving the dollar a beating today. Here is a chart: [caption id="attachment_3301" align="alignleft" width="216" caption="S&P500 day trading course EURUSD vs S&P500"][/capti [...]

S&P 500 day trading course

S&P500 day trading course ny open

S&P500 day trading course levels of support and resistance. Looking for some resistance at 1129.50. for the gap. [caption id="attachment_3297" align="alignleft" width="254" caption="S&P500 day trading course 9-23 moving to gap"][/caption] Looking for the approach on the resistant trend line after filling the gap. From there a move to 1132.50 then 1137.50 and an extreme high at 1156.25 if we take out the previous swing high at 1144.25. We have support 1122 for point of control on the day. Expecting major congestion to 1113.50 as we have plenty of orders to support here. 1109.25 and 1103.25 for an extreme low.

S&P 500 day trading course

S&P500 day trading course price action

S&P500 day trading course live day trading room looking at price action on the 30 min chart. [caption id="attachment_3294" align="alignleft" width="216" caption="S&P500 day trading course"][/caption] S&P500 emini future contract hit the extreme high of 1144.25 we set last week. The first resistance is 1137.25 and Point of Control is 1132.50 for direction on the day. So far the sellers have been in control. Price is consolidating between the POC and the 200 ma. Some price failure to 1127 with buyers coming in around the 1129 area. There is some support on the 200ma at 1129 with the next area of support at 1122.25 and the next area of support running to 1117.25

S&P 500 day trading course