Day trading course

Trading the S&P500 emini futures contract in the S&P500 day trading course live room.

Price just touch and tested support at 1332.50

On Friday after the strong bearish move at markets close buyers moved in to push prices up to the resistance at 1342.50, only to have the bears move price back to its present range between support at 1332.50 and resistance at 1335.75.

If price breaks through, next level of support is at the bottom of the channel . Then onto target at 1329.25,from there itcould go as far as next target of support at 1325. If present trend reverses buyers could bring price back up to resistance at 1336.50 , next target is at 1338.00 If that resistance is broken through next target would be 1342.50, then next target is at 1349.75 , if price breaks through that level it could go up to as high as top of the channel and then onto testing the target at 1358.75

Trade What You See