Wednesday, August 25, 2010

S&P500 day trading course price action

S&P500 day trading course price action and levels of support and resistance. [caption id="attachment_2776" align="alignleft" width="201" caption="S&P500 day trading course price action support and resistance"]S&P500 day trading course price action support and resistance[/caption] Point of Control will be 1047.50 on the day. 5 down days in a row. This is normally where we get a bounce so watching for a doji on the day. Support is coming in at 1040.50 with next major support at 1036.75 then 1025.25 and an extreme low of 1001.25. WE could consolidate around the POC and then close at 1049.25 . with further resistance at 1055, 1062.75 as the 200MA is going to put up some tough resistance.

S&P 500 day trading course

No comments:

Post a Comment