[/caption] Trading the S&P500 emini futures contract in the S&P500 day trading course live room. It has been a wide ranging market between support at 1262.75 and resistance at 1278. Now price has just broken through resistance at 1272.50 and is on its way up to test resistance at 1273.75. If buyers pressure breaks through resistance at 1273.75 the next target is at the top trendline of the range. The outer target of resistance is 1280. If resistance proves to be strong, sellers will come in to see if there is support at 1272.50. If there is a breakthrough 1st target will be 1270.25, next target will be 1269.25, 1267.75, 1265.25 on down to the bottom trendline of the range. The outer targets of support are 1262 and 1260.25. Trade What You See day trading course
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