Day trading course SP500 Bullish

The S&P500 day trading course looking at the bullish trend in the  short term. [caption id="attachment_3910" align="alignleft" width="300" caption="Day trading short term bullish trend"][/caption] Point of Control is 1278.50 with buyers still in control pre market. We have a short term supporting trend line from 1257 and a longer term resistant trend line forming a ceiling at 1284.  Watch for the break of 1286 for the move up to test on 1300. We are above the 200 MA and could see this retest the 50MA.   If sellers take control of direction on the open and we break under the POC look for a test to 1275, then support and 1269.75 then 1259.75 and 1252. Still watching for an extreme low of 1238.50. I will be training in Montreal this July 9-11 with a one day advanced training on July 12.  The Montreal day trading course will be perfect timing for this fall as we are looking for some volatility to step in.  Join us.  

S&P 500 day trading course

Day Trading Course Resistance & Support

Day trading course l 866 -640-3737 l Day trading education

Trading the S&P 500 e-mini futures contrct in the S&P 500 day trading live room.

The previous resistance level seems to be the new support level at this time. It is testing this support level for the third time. If the support gives way look for price to head down towards 1255.00, possibly to go through and test the support at 1252.25. If the test of the support level proves to be correct and moves up to pass 1258.50 expect the price to test the top of the channel. The next show of resistance would be 1263.75. If buyers take over price could head up to 1272.25 possibly hitting resistance and continue to head up to test 1277.00 . As Joel says, trade what you see.

S&P 500 day trading course

Day trading course pre closing market action

Trading the S&P500 emini futures contract in the S&P500 day trading course live room.

[caption id="attachment_3900" align="alignleft" width="300" caption="Day trading course|866-640-3737|Day trading education"][/caption] In the after hours last night we watched sellers bring this back down to 1277 to 1280 and then a sell off from the news pre market to consolidate at the point of control 1271. From here the buyers could have taken it but did not show enough commitment and left us in a 4 point channel until lunch time when the sellers brought us down to 1257.25 . Our first level of support.   If sellers stay in control here we could see a move to 1252 then 1239-41 for the next major support. Selling pressure is huge, and this is over a 100 point correction from the previous swing high. If the sellers can increase volume looking for a low of 1230's before consolidation (3 day period) then next move. Friday should give us some volatility as the question to sell or hold through the weekend could push us to new lows. To the upside from these levels watch for a move back to the 1268-70 area before 3:30 today and then again we will probably see a start of tomorrow's direction in the London open. Remember, using indicators set you up perfectly to be the bait in the market which institutional traders are searching. We know you use the MACD's the Squeezes, the stochatics and we can see your stops. Learn how to trade like a money maker not a retail investor following the sheep to the slaughter. Join our Calgary or Montreal [...]

S&P 500 day trading course