S&P500 day trading course
S&P500 day trading course daily chart live trading room S&P 500 Day Trading Course Gap for Feb 3, 2010 Support and Resistance

S&P 500 Day Trading Course Gap for Feb 2, 2010

S&P500 day trading course Add comments
Feb 022010

S&P opened at 1077.25, up 8.25 points from Friday’s 1069.00. Trading came out with a slow start today and traded to a low of 1076.00 and moved slowly up from there. Prices moved up 9.5 points over the course of the day and topped out at 1086.25 before closing the day at 1085.50.
For Tuesday we are watching to see if price has finished its retracement. We have moved now to the 50% level from Thursday and Friday’s move and are looking to possibly turn back to the down side in the next day or so. If we do I will be looking at a target of 1067.00, then 1059.25 and then 1035.00. If prices continue to the upside I am looking to see them move into 1093, then with commitment possibly to the 1100 area of resistance.
Let us see what is in store. See you at the starting line!aa S&P 500 Day Trading Course Gap for Feb 2, 2010

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Posted by Edge at 12:27 am Tagged with: