[caption id="attachment_4995" align="alignleft" width="300" caption="Day trading course l 866-640-3737 l learn how to daytrade l Day trading education"][/caption] Trading the S&P500 emini futures contract in the S&P500 day trading course live room. After the price failure at around noon sellers pressure brought price down to test support at the 1357 range. There was a drawback with ranging at and around the 1362. When support proved strong at 1359 a pierce and breakout of the tops trendline moved prices on up as the buyers pressure moved to test the resistance. Resistance at 1366 is strong . If buyers pressure pushes to breakthrough next target is 1370. If resistance holds,1st target down is 1365. The next target is 1363, then onto 1361 and then on down to support level at 1359. Trade What You See

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Day trading course March is for a drop bounce

Day trading course watching for a V bounce in the S&P500 as oil puts pressure on the indexes.

This is a picture of a possible "V" bounce on the S&P500 emini futures. Day trading course is looking at areas of support and resistance. The sellers have finally come in with enough volume to have a short term turn in the market. Watching for a break of support at 1352.25 with a volume increase in the next two days.  Once  sellers break the 1352.25 area watch as the price tests for the next two weeks (up to the 22nd of March) to the support levels of 1318.75 and then 1300.  If there is an extreme sell off we are looking for support at 1252.25.  A total of a 100 point move on the S&P500 emini future. If support holds at this level the watch for a bit of consolidation, to the 1328 area then a continuation on light volume through 1400 then to 1463.25  Either scenario will lead is to this first move up going into the election year and with the mix of oil related problems moving into the summer we could finally see some volatility. Trade what you see and never listen to the so called experts. If you can't see the direction of the market and don't understand how to use a stop, then don't trade. Never take stock tips, and if it is on the TV as a hot pick, it is too late. Day trading course focusing on the S&P500 emini futures support and resistance and efficient market hypothesis which states that stock market prices are essenti [...]

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