Day Trading Course, S&P 500 Daily Price Action

Day Trading Course, S&P 500 Daily Price Action

Day Trading Course, S&P 500 Daily Price Action

After traing a consoidated day yesterday, price did move up to continue to test back to the upside.  Volume came in at 1.67M contracts for the day and closed trading at 1342.25.   Today’s trading could see some resistance int the 1350-1355 area, as price has seemingly started to try and float some more.  We could see a consolidated week, as we have been trading in a 19 point channel since the end of last week.  A couple area’s of support through this channel are in at 1342.25, 1338.50, and 1335.00.  If we move through the top of this channel then 1354.75, 1357.50, and 1360.00 are area’s to target on the way up.  Trade what you see…


 

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Day Trader Money Maker Edge Managed Fund. Trading Currencies, gold, oil, ETF’s and futures.

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