Tuesday, July 31, 2012

Day Trading Course - double top

[caption id="attachment_5333" align="alignleft" width="300"]Day trading course l 866-640-3737 l learn how to daytrade l Day trading education Day trading course l 866-640-3737 l learn how to daytrade l Day trading education[/caption] Trading the S&P500 emini futures contract in the S&P500 day trading course live room. A double top has formed with support testing the 1382 level. If support breaks through the bottom trendline pressure could bring price to test the first target at 1379.25. The next target level is 1376.75 The next support level is the average range from the close at 1367. The outer targets are at the previous range at 1360.50 and 1356.25 which would put the sellers in control. If support holds buyers will come in to bring pressure to test resistance at the first target of 1385. The next target is 1386.50 and on to new highs at the outer target level of 1395. Trade What You See  

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