Tuesday, May 10, 2011

Day trading course Consolidation Day trading tips

Day trading course consolidated range on S&P500 emini futures contract.  Day traders are in a consolidated range with no commitment on either buyer or seller side. [caption id="attachment_3766" align="alignleft" width="300" caption="day trading course range bound day trading tips"]day trading course range bound day trading tips[/caption] The Point of control is 1346. Support is coming in at 1346, 1340 abd 1332 with an Extreme low at 1325. Resistance at 1351.50, 1356 , 1361 and extreme high of 1373.50. Looks like we could be breaking this resistance this week on light volume.  Remember when we experience this light volume in the markets there is a tendency for the price to "levitate"  There for giving the old saying, Never short a dull market.. Trade what you see.  

S&P 500 day trading course
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1 comment:

  1. TradingMay 18, 2011 at 12:06 AM

    Hi,

    Day traders are a group of traders who believe that a money maker trader is a person that can trade 30 minutes to an hour a day, a few times a week, working less and less and make more and more. This is open to all traders that have completed our course. Thanks a lot...

    Trading Systems

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