Day Trading SP500 : Last week we finally start to see sellers get in the game everywhere. Next week we will test few important resistance on different index. For now, I will just focus on SP500 US Index.
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S&P500[/caption] Day trading SP500 Weekly chart Using ^SP-500 Chart
Since December 2012, Is a first time we see sellers candlestick with strong volatility. ~1550 price, are important for next week. For 5 weeks already, sellers try to close under this price, but every time fail to break this support. And every time they show more and more commitment to close under this price. On buyers side there no commitment anymore. Normally when sellers fail many time to close under certain price, buyers will use this opportunity to bring price at new highs with strong commitment. But this time we don't see this anymore....Probably at this point, Investors have no more money to invest anymore :)..they realizing price are to High? :) [caption id="attachment_6426" align="alignleft" width="300"]
s&p500 chart[/caption] On [...] day trading course
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