[/caption] Trading the S&P500 emini futures contract in the S&P500 day trading course live room. Sellers have price traveling down a bearish channel with a touch and test of support at the bottom trendline around 1180.50. Buyers came into drive price up to test resistance at the upper trendline. There is now indecision with some testing of support in the area of 1191.25. If support gives way at 1191.25 next target is 1185.25. If support gives way next target is 1180.50 and on down to test support at bottom trendline. If support holds at 1191.25 first target is the top trenline of the bearish channel and onto 1200. If price breaks through resistance at this level the next target is 1209 and then will try to fill in the gap onto outer target at 1217. Trade What You See day trading course
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