[/caption] Trading the S&P500 emini futures contract in the S&P500 day trading course live room. There is a wide ranging bullish price movement with a second touch and test of the support at the bottom trendline of the bullish movement with a closing of a gap that has been open since the close at 12/3. There is now consolidation with support holding at the 50MA. Buyers pressure would bring price to test resistance at 1st target of 1259. Next target is 1262 and outer resistance level is at 1266. If sellers come in 1st target is 1255.25, next target 1251 and if the support level gives way price can go down to test support at the bottom trendline for the 3rd time at 1247. The outer target level of support is 1242. Trade What You See day trading course
