Tuesday, October 4, 2011

Day trading course - bearish

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 has been trending down and ranging between the 50SMA and the support level of the downward channel.
At this time price is testing resistance at 1093. If there is a breakthrough the next level of resistance is at the 50SMA and then onward to 1111. It could head upward to the next resistance at 1128, which is close to the top of the trendline. If the resistance proves strong expect testing of support at 1084.
Trade What You See


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