S&P 500 Day Trading, Using ES 06-13
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sp500 day trading[/caption] S&P 500 Day Trading Monthly Chart:
On monthly chart you can see buyers fail twice to reach UP Bullish Trend line, and probably will fail on the 3rd time. Right now we can see sellers get in the market on daily charts. What I'm watching for, it's if at the end of this months, market will close under 1508. Is an important price for buyers to support if they looking to keep moving Up for next months and reach my UP Bullish Trend line. If price won't be supported above 1508, I'm looking to short s&P500 Index, Volume: Buyers moving UP with almost same volume all the time, but on every move , we can't match the previous volume high. PS:We still have 1 week to see how this month will close. If we close under 1508. I will see if there's a short direction to "call". Depending on how thing will go on the market. If buyers price will supported...I'm out from s&P500 trading [...]day trading course
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