Day trading course – bearish

Posted by Gigi on November 1, 2011 in Day trading course with No Comments Yet

: Day trading course l 866-640-3737 l Day trading education

Trading the S&P500 emini futures contract in the S&P500 day trading course live room.

There has been a retraction and the S&P500 has given up its gain from last week from a high of 1290 to where it’s at right now at 1232.50. It has pierced and broken through the support at the bottom trendline and now is on its way down to test the next target at 1230. There is a very strong level of support at 1216.

If the bulls move in the 1st target is 1241. The next target is 1248 then onto resistance at 1261.25. The outer resistance level is at the top of the channel at 1273.50.

Trade What You See

The S&P500 emini futures is one of the largest professionally day traded markets in the world.

Our Day trading course focuses on training you on how to see price and direction in the marketplace and how to leverage your strengths to take a profit out of the market.

Disclaimer: day trading is high risk, do your own work : The efficacy of both technical analysis and fundamental analysis is disputed by efficient market hypothesis which states that stock market prices are essentially unpredictable. Be responsible for your trades, do your own work and never rely on others. When searching for a Day trading course, be sure you understand the risks involved in trading.

Post By Gigi (77 Posts)

Connect

4295

Thanks!

An error occurred!

Previous: Day trading course – Just when it seems alright

Next: Day trading course MF Global Futures says Sayonara

Day trading course – bearish

Leave a Reply Cancel reply

Day Trading Courses

Day Trading Course Video

Day Trading Tweets

Day trading course S&P 500

Day Trading Glossary of Terms

One of our new S&P500 day traders.

Day trading topics

Tags