Day Trading Course, S&P 500 Price moves into consolidation and the market moves into another position for a critical decision in direction.
Day trading course focusing on the S&P500 emini futures support and resistance and Day trading course looks at price and direction, the support and resistance and the direction of the market.
Price is sitting on the point of control in the market, can't tell if the buyers or sellers are moving into to establish direction in the market place. At this point, not expecting any serious gaps in the market. We shall see after Europe opens, dependent on what kind of commitment the market has to the "New Austerity policing commission" has for enforcing the measures on Greece, Ireland, Italy, Portugal and soon to be mired in debt Spain. Should be interesting to see how much it is going to cost their economies to enforce this new economic police state....Germans going to do it? Flashbacks could be huge... The S&P500 emini futures have shown some resilience bouncing back to these levels but is hitting resistance on the move up at 1262.75 with the point of control at 1252.50. The after hours market is quite slim on the Asian opening and Europe will give us the first signs of direction. Next are of resistance is 1274.50 and the n 1291.50. Anything above her and we could see another test up to 1340's and even 1360. Is this the Christmas rally wall street is hoping for, how is will little Jimmy [...]day trading course
