Wednesday, September 29, 2010

S&P500 day trading course price action

S&P500 day trading course price action in the S&P500 emini futures [caption id="attachment_3311" align="alignleft" width="254" caption="S&P500 day trading course"]S&P500 day trading course[/caption] Point of control is 1137.25 with first resistance at 1144.25 then 1149.75 still looking for the open gap fill at 1156.25 and a swing to the high of 1163.25-69.25 . Support is coming in at the 200 ma 1132.25-33.50 this could add some support to bounce through today's highs. No news today.  This week could get volatile as the the SEC proclaims the source of the flash crash. We do have a lower high here, so it would not be a suprise to see a move to 1127.50 area or to the previous swing low 1119.25 I will be in San Diego until Sunday. Have a great week.  Trade what you see.

S&P 500 day trading course

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