S&P 500 day trading course March 19 240 min chart
Looks like this are will be tough to break through.
Expecting price to bounce off of 801 and then break down either to gain momentum to break through or to loose the direction and consolidate.
Looks like this are will be tough to break through.
Expecting price to bounce off of 801 and then break down either to gain momentum to break through or to loose the direction and consolidate.
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We are going into some resistance at the 801-806 level if we can break through here then we can keep rallying, otherwise we could be range bound. Market really likes that the 10 year bonds are paying nothing so incentivising banks to lend…..
This weak rally continues up. We are headed into a congestion zone where we can meet quite a bit of resistance.
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