Day Trading Course – testing resistance

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

After the price failure at around noon sellers pressure brought price down to test support at the 1357 range. There was a drawback with ranging at and around the 1362. When support proved strong at 1359 a pierce and breakout of the tops trendline moved prices on up as the buyers pressure moved to test the resistance.

Resistance at 1366 is strong . If buyers pressure pushes to breakthrough next target is 1370.

If resistance holds,1st target down is 1365.
The next target is 1363, then onto 1361 and then on down to support level at 1359.

Trade What You See