Thursday, May 13, 2010

S&P500 day trading course pre open

S&P500 day trading course pre open support and resistance. [caption id="attachment_2278" align="alignleft" width="204" caption="S&P500 day trading course 15 min chart"]S&P500 day trading course 15 min chart[/caption] Point of control is 1157.75 support at 1154.25 if we break below that then we are looking for 1142.25 and an Extreme low of 1119.50 If it is a low volume Friday watch out for the close and lunch when the London market closes, we could see some volatility. on the upsdie 1161.75  is first resistance, 1168.75, then 1171.25.  Again if it is low volume watch for a run up to even 1179.50 . I don't see any volume commitment at these levels to put up much of a fight, yet there is a number of players that will pull their bids if there is a sell off.  Would not be surpirsed to see large moves if there is a sell off. Watch yourself and always use your stops.

S&P 500 day trading course

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