Learn to day trade S&P 500 futures

Looks like the bottom was right on target from yesterdays videos.  The market is taking its time, grinding its way down from yesterdays point of control.  I am looking for the market to slightly retrace back up to the first resistance and then move down testing this bottom.  If the market commits to the move down we might get our first sell off in over four months.  If the market is still in its support cycle we can watch it do a quick rally, then stall for the next week or so.

Just a note on the incredible indifference I see in the market from the general public to the traders themselves.  The wish to have some closure and move on is better than this slow gnawing, almost impending doom like feeling that permeates the market presently.  I expect to see lower volume and more grinding down til we get the next sell off.

Testing below the point of control at 904.25

learn day trading june 22 support and resistance

Learn to trade S&P 500 emini futures  Weekly chart, we are ending the week with close to a doji.  Still in an uptrend but loosing it’s momentum.  There is no commitment to keep this up as we are getting less and less volume flowing into this bullish rally in a bear trend.

Click to enlarge

S&P 500 weekly chart, learn to trade futures