Tuesday, August 31, 2010

S&P500 day trading course Inverted H&S

S&P500 day trading course Inverted H&S is still holding on the S&P500 emini futures chart, we have tested down to 1036.75. We have tested down 3 days out of six. The point of control is 1049.25. The FOMC will be at 2:00 so we might have another low volume day. [caption id="attachment_2932" align="alignleft" width="211" caption="S&P500 day trading course inverted Head and Shoulders on daily chart"]S&P500 day trading course inverted Head and Shoulders on daily chart[/caption] If we Break through this support at 1036.75 then the next area of major support is 1001.75 which is a major support. Targets below this are 955.25 then 936.50 with 855 as major support if we get a sell off.

S&P 500 day trading course

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