DayTrading Course-S&P500 3rd Lightest Volume, Close Higher
The S&P500 emini futures moved up on 3rd lightest volume for 2012, today. On 1.2 million volume, the S&P500 GAP from Friday's Close of 1340.25 to 1347.25. It closed most of the Gap down to support of 1342. Then closed slightly higher at 1349.50.
First Level of Resistence should be 1351. next and stronger resistence at 1352.25, We break above 1352.25 with volume it would be stronger for the bulls and stronger possibility to go to 1363. or higher. Next level of Support is 1340.75, stronger support is at the 1333.50 level. After is the 1330.00 level to 20SMA average to 1322.50. Could see a small correction, a sell off would be healthier for this market. Day trading course focusing on the S&P500 emini futures support and resistance and efficient market hypothesis which states that stock market prices are essentially unpredictable. Be responsible for your trades, do your own work and never rely on others. When searching for a Day trading course, be sure you understand the risks involved in trading.
