Calgary Day trading course will be this coming weekend. The Bulls have temporarily pulled away and are heading to the safety zone.
Calgary Day trading course focusing on the S&P500 emini futures support and resistance.
Calgary Day trading course looks at price and direction, the support and resistance and the direction of the market.
Calgary day trading course sees price support coming in at 1391 and the point of control for the move up at 1393.75. The first target of 1410 – 12.50 was achieved and we are looking for a pull back to 1402.75 fir a continuation to spot #3 at 1415.25-18.50 Expect some resistance to step in here as some profit taking could occur.
Big money is still on the side, although the initial move up from 1391 had many institutional buys with algorithmic buys at intervals supporting direction.
If price fails to stay above 1400 then watch fora sell back in to the congestion zone of 1380 to 1391 again. Further support at 1372 and then 1352.25 for the sellers to take long term control of the markets again. Expect some distribution at the major resistance as institutional buyers are jittery. First they don’t want to miss the move and secondly, they don’t want to get caught in a sell off.
Watch for a break of the support and resistance set out on the chart, price failure in these areas could see some consolidation for a further continuation in either direction. If there is commitment in the move then we could see the levels broken.
Calgary Day trading course will be in your area soon, join us for Day trading education.
The S&P500 emini futures is one of the largest professionally day traded markets in the world. Our Calgary 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 Calgary Day trading course, be sure you understand the risks involved in trading.