Monday, November 7, 2011

Day trading course - Europe looking to blow?

Day Trading Course, S&P 500 looks like the Europeans have this market on hold- learn how to day trade.

As Europe holds on and the market is pausing.  The  consolidation on these price levels has the market stalled.  The bankers want this to stay here until the holidays are over.  What will the market do here? Day trading coursel866-640-3737llearn how to daytradelstock trading course

Day trading courselooks at price and direction, the support and resistance and the direction of the market.

1254 was the point of control on this move today and we manged to close very close to it.  The futures market is showing buyers moving above to test the highs of the day and might take this to the next area of resistance in the after hours.  Watch for a test to 1263 and return to these price levels in the early morning trading hours. Support on the S&P500 emini futures came in at 1236 then 1242 with 1250 the line in the close to test.  Sellers could not hold resistance at these levels after very short term consolidation the buyers moved in. There will be support at the 1248-52 area and we could see more consolidation.

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education. The S&P500 emini futures is one of the largest professionally day traded markets in the world. Our Day trading coursefocuses [...]

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Day trading course - pennant

[caption id="attachment_4338" 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.
In the AM bulls came in to drive price up to resistance at 1256. Bears took over to drive price down to test support at 1236.50. Right now there is indecision in the market. If the buyers come back the 1st target is 1250, if resistance breaks through next target is 1254.50 and the outer target is the upper trendline of the forming pennant.
If the sellers come back 1st target is 1243.50, if that support level breaks through next target is 1236.50 then onto the next target at 1232.25. If the support gives way the outer target is the bottom trendline of the forming pennant.
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