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S&P500 day trading Course price action it looks like there are tails on a weekly chart hitting support on the 1037.50 range with price failure into the support on the inverted Head and Shoulders. The Point of Control 1056.25
S&P500 day trading course price action
Open Gap 1049.50
Support at 1056.25 , 1047.50, and extreme low of 1036.75 which is also the support of the inverted Head and Shoulders on the daily and weekly.
We have resistance at 1062.75 then previous swing high at 1072.75.
News is coming out at 10:00, watch your self.
S&P500 day trading course Inverted H&S is still holding on the S&P500 emini futures chart, we have tested down to 1036.75. We have tested down 3 days out of six. The point of control is 1049.25. The FOMC will be at 2:00 so we might have another low volume day.
S&P500 day trading course inverted Head and Shoulders on daily chart
8:30 S&P500 day trading course news release Personal income, spending and PCE Heads up.
