[/caption] Point of Control is 1278.50 with buyers still in control pre market. We have a short term supporting trend line from 1257 and a longer term resistant trend line forming a ceiling at 1284. Watch for the break of 1286 for the move up to test on 1300. We are above the 200 MA and could see this retest the 50MA. If sellers take control of direction on the open and we break under the POC look for a test to 1275, then support and 1269.75 then 1259.75 and 1252. Still watching for an extreme low of 1238.50. I will be training in Montreal this July 9-11 with a one day advanced training on July 12. The Montreal day trading course will be perfect timing for this fall as we are looking for some volatility to step in. Join us. S&P 500 day trading course
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