[/caption] Point of Control on the Weekly chart for the S&P500 emini futures March contract is 1312.75. Presently, the buyers are in control on this second move up. With an extension to 1365 then 1440-60 range. The support came in at 1260 and 1306. Watching for a pull back off of the next round of buying, could last 2 or 3 more weeks if we consolidate here. This second move up off of the Inverted head in shoulders is alomost equicistant from the 860-1220 move. So 1365 would not be out of the range. S&P500 day trading course weekly price action S&P 500 day trading course
