Wednesday, June 29, 2011

Day trading course

Day trading course l 866-640-3737 l Day trading education
Day trading course l 866-640-3737 l Day trading education
Trading the S&P500 emini futures contract in the S&P500 day trading course live room.
Price in consolidation ranging between 1305 & 1307.25, after a breakthrough of the 1305 resistance level. Price has been in a slowing bullish channel, testing both the support at the 50MA and the resistance at 1305. If there is a break through resistance at 1307.50 target will be a test at the top of the channel. Bullish momentum slowing down, so if price drops below support which happens to be both the bottom of the channel and the 50MA , the next target to be tested will be at 1293.25 .
Trade what you see.


day trading course

Day trading course-continuation of bullish trend

[caption id="attachment_3954" align="alignleft" width="300" caption="Day trading course l 866-640-3737 l Day trading education"]Day trading course l 866-640-3737 l Day trading education[/caption] Trading the S&P500 emini futures contract in the S&P500 day trading course live room.   Bullish trend continuing, after hours ranging between support at 1291.50 and resistance at 1294. If price breaks through resistance at 1295 price target to test top of the bullish channel, if price drops below support at 1294 target is 1286 then onto 1280.25 .It would have also broken through channel support so prices could go down to test 1273 and go as low as 1270. Trade what you see.

day trading course