day trading course
Day trading course - Day trading tips S&P500 day trading. S&P 500 emini futures daily charts and market movements. Live day trading room and break down of direction, price action and commitment in the S&P 500 market with day trading tips. Learn how to daytrade with support online trading. Gold trading, oil trading, futures trading and currency. http://www.moneymakeredge.com/blog
Thursday, June 30, 2011
Day trading course breaking bearish channel
The S&P500 day trading course is looking at price action in the Bearish Channel and a possible change in direction. [caption id="attachment_3967" align="alignleft" width="254" caption=" Day trading course|866-640-3737| learn how to daytrade|Day trading coach"]
[/caption] The point of control on the daily chart is 1302 with the buyers in control in today's session.looking for a high of 1317 with consolidation at the top of this move up. We are approaching the resistant trend line in this bearish channel that started this May and has continued. If price breaks above he the 13220 mark we could look for a move to 1340a and then to test the pre-Bin laden rally before the drop. Support is coming in at 1290 then 1271. On the short term charts we are looking for a test of support at 1308 and then consolidation between there and the swing high of the day.
day trading course
day trading course
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