Day Trading Course - S&P500 Pulled Back 1%
Due to easing of monetary funds of Europe and this week in China, 1% maybe the only pull back we get at this time.
Support in this area on a Daily is 1353, 1351, 1346. and well tested 1340.
Resistance, on a Daily will be 1360, 1363 and of course Monday's Highs of 1369.50.
The futures this Thursday morning, are looking within yesterday's lower range. A larger retest would be healthier for this market.
Trade what you see and never listen to the so called experts. If you can't see the direction of the market and don't understand how to use a stop, then don't trade. Never take stock tips, and if it is on the TV as a hot pick, it is too late.
Day trading course focusing on the S&P500 emini futures support and resistance and efficient market hypothesis which states that stock market prices are essentially unpredictable. Be responsible for your trades, do your own work and never rely on others. When searching for a Day trading course, be sure you understand the risks involved in trading.