S&P500 day trading course weekly price action

S&P500 day trading course weekly price action

Point of Control on the Weekly chart for the S&P500 emini futures March contract is 1312.75.  Presently, the buyers are in control on this second move up.  With an extension to 1365 then 1440-60 range.

The support came in at 1260  and 1306.

Watching for a pull back off of the next round of buying, could last 2 or 3 more weeks if we consolidate here.

This second move up off of the Inverted head in shoulders is alomost equicistant from the 860-1220 move.

So 1365 would not be out of the range.

S&P500 day trading course weekly price action