Market Rally lacks commitment on the move up as volume in the S&P500 emini futures is around 1.2 million. Day Traders are not committed to this move up on the S&P500 emini futures. We have support coming in on short term of 1390 and 1401.25 with resistance at 1403.75 and 1409.25. The long term Point…
Day trading course summer trading S&P500 emini futures buyers are exhausting. Day traders – S&P500 emini futures live trading room looking at the weekly chart for repetitive patterns, price action and support and resistance in technical trading. The Weekly chart of the S&P500 emini futures shows weakness after 5 continuous weekly candlesticks. Buyers have been…
Facebook stock is reaching it’s 50% off price from the IPO. Facebook FB Ipo price of $38 has plummetted to $20 level in today’s trading. As mentioned before in a previous Facebook Stock article, Professional traders will more than likely short this stock to 50% of IPO price then look for a settling price…
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