Trading the S&P500 emini futures contract in the S&P500 day trading course live room. After the rally on 7/18 there has been an extended range with a double top at the resistance level around 1375.75. Possibly at this time a right shoulder forming as part of a head and shoulders formation. We shall see. If…
Trading the S&P500 emini futures contract in the S&P500 day trading course live room. After hugging the bottom trendline and breaking through the channel, there was a pierce and testing of support at 1352.75. When the market opened a strong rally ensued to the upside . Buyers were in control until a resistance level at 1370.50 held…
Market Rally buyers step in to continue S&P500 emini futures move to previous highs. Market rally will meet resistance at 1370 and 1372-75. Previously, at these levels the S&P500 emini futures contract had many attempts on the way to this price level. The market rally first moved to 1370, retraced to 1363.50 then on the…
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