Monday, October 17, 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.
The bears have just been dominating all day driving the price down from the high at 1226 to the present price point at 1195.25. The price is hanging around in indecision at 1195 to see if it wants to test the support at 1193. If support gives way next level of major support is way down at 1187.
If there is price failure with entry at 1198.25 first target is 1203, next target 1210.75, and then 1217.75 on the way up to test resistance at the top of the long term trend line.
Trade What You See


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