Mar 042010
S&P500 day trading course
looking at a Head and Shoulders on the hourly chart.
We are caught between 1118 and 1120, in long term consolidation.
Watching for a head fake then a counter move to give us the momentum to break out.
1124 target or 1114 target.
Higher low points to higher high but the symetrical pattern into the break out is either direction.
2:00 could be the key. Gap closed for the day.
S&P500 day trading H&S
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