Day Trading SP 500 Market

day trading course sp500

Day Trading SP 500 Market 1440min Charts

Last week, S&P 500 wasn’t able to break latest highs. And it wasn’t able to support 1869.75 price on ES Futures. Finishing on Friday with a nice signal short, and great unsupported price at the end of the day, after failing to make a double top by few ticks.

There’s an extension of last move down from sellers. at this area, we should see buyers coming back, and see if it will create new highs, or will fail, and go back to bounce at 200MA, or close Under.

day trading sp 500

Day Trading SP 500 Market 240min Charts for the entry Long or Short

Like most of trader, mind mind it’s on the short trade more than Long ones. But you need to keep in mind that anything can happen.

For this trade, if we break this Bullish channel, it will be a great entry point for taking a short one.

If Market of S&P500 decide to keep this bullish trend going, you need to look if price will be supported once it test to break the bullish trend. and then the targets for long will be at 1868.00 and 1900.00.