live trading room
S&P 500 day trading course, Sept 3 learn how to day trade
S&P 500 day trading course, levels of support and resistance. Live trading room with Joel Wissing.
Extreme high 1027.75
Extreme low of 973.75
Point of control 994
We slowed down to a crawl today with a very tight and range bound trading day. Volume dropped off to 1.9 million today after yesterdays 3 million plus. Hopefully the market will face the piper on some of the valuations in equities and get this cleaned out in the third quarter. September is known as the worst performing month on the indexes and it has basically started off with the kind of direction to propel the markets lower. Lots of support here, but for how long?
Join us in Montreal for a live training on October 3-5 with 1 day of live trading and 13 weeks of the live trading room.
Day Trading Course, After hours trading retraces into open
The S&P 500 has traded some 30 points to the upside through the overnight session. Trading from the 1152 area all the way to test the 1185.
Looking at the daily chart with Fibonacci retracement lines on it we can see that this previous move has now retraced almost perfectly to 61.8% of the previous 210 point move up we witnessed through most of October. Retracement targets for this current move include 1170.00, 1189.00, 1200.00 and 1210.00.
Day Trading Course teaches methods for targeting, riskmanagement and finding precise low-risk entries.
Should this move change back to another move down, targets will include 1170.00, 1160.00, 1152.00 and 1146.00.
The S&P500 emini futures is one of the largest professionally day traded markets in the world. Our Day trading course focuses on training you on how to see price and direction in the marketplace and how to leverage your strengths to take a profit out of the market.
Disclaimer: day trading is high risk, do your own work : The efficacy of both technical analysis and fundamental analysis is disputed by efficient market hypothesis which states that stock market prices are essentially unpredictable. Be responsible for your trades, do your own work and never rely on others. When searching for a day trading course, be sure you understand the risks involved in trading.
Day Trading Course, S&P 500 Drops sharply on concerns in Europe….. (Again)
S&P along with other equities markets fell yesterday on concerns of contagion of debt crisis to Italy. The S&P fell some 47 points to close yesterday at the 1225 level of support. Today could see a retracement of that move, or even the continuation. Upside targets include1242.50, 1254.00, 1259.00, and 1273.50. While the continuation to the downside could see prices move to touch 1222.00, 1200.00, 1194.50, and1180.00 over the next little while. 
