Thursday, January 5, 2012

Day trading course - downward pressure

  [caption id="attachment_4650" align="alignleft" width="300" caption="Day trading course l 866-640-3737 l Day trading education"]Day trading course l 866-640-3737 l Day trading education[/caption] Trading the S&P500 emini futures contract in the S&P500 day trading course live room. Resistance is moving down and there was a gap down from 1268.50 to 1266.75, Now testing support at the 1265.50 area of support. If buyers try to close the gap with pressure to the upside, the 1st target will be resistance at 1268.25  to 1269.50. The next level of resistance is 1271 and then on to 1273.75.If resistance breaks the next target areas will be  the outer resistance levels of 1277 and 1279.50. There might a period of ranging at the present level. If sellers come in to test support the 1st target is1264.25 and on down to 1262.75. Test What You See

day trading course

No comments:

Post a Comment