Sell off in the S&P500 emini futures is challenging the Psychological support at 1300. Buyers are wondering if they can hold this position any longer. Will they have to sell? Click on the chart to get a better view. The S&P 500 emini futures day trading course is looking at areas of support and resistance….
Consolidation in the S&P500 emini futures as a major support has been reached. Watch the bounce this am off support and could see some price failure then a move up. Depending on what occurs with the dollar index and Europe we could see a bit of a break on this move down. Here is…
Trading the ETF (SPY) in the trading course live room. The ETF – SPY has been in a bearish trend with price action hugging the lower trendline. If the sellers keep pressuring price to test support at the bottom trendline, a pierce and breakthrough of support may occur to drive price to lower lows past this bearish trendline….
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