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

In the afternoon at 1430 there was a pierce and test of the support level at 1393.25. Price failure led to a rally the rest of the afternoon till closing at 1400.50. After hours consolidation with another test down to support level around 1398. After some indecision resistance level at 1401.25 broke to test the next level of resistance at the trendline. Sellers came in and pushed price down to test and breakthrough support at 1398.25. If sellers commit and break through support at 1397 the next target is 1393.25. If buyers come in pressure will take price to test the first target at 1401. If there is a breakthrough of resistance the next target is 1402 on to the resistance at the trendline. The next target levels of resistance are 1404.75, 1406.50, 1408.50, 1410.75 and on to outer resistance level of 1414.50.

Trade What You See

Trade what you see and never listen to the so called experts. If you can’t see the direction of the market and don’t understand how to use a stop, then don’t trade. Never take stock tips, and if it is on the TV as a hot pick, it is too late.

Day trading course focusing on the S&P500 emini futures support and resistance and efficient market hypothesis which states that stock market prices are essentially unpredictable. Be responsible for your trades, do your own work and never rely on others. When searching for a Day trading course, be sure you understand the risks involved in trading.

Day trading course looks at price and direction, the support and resistance and the direction of the market.

Day trading course will be in your area soon, join us for Day trading education.

We normally have a Montreal Day trading course, a Calgary Day trading course, and a New Smyrna Beach Day trading course.

The S&P500 emini futures is one of the largest professionally day traded markets in the world. Our Day trading course focuses on training you on how to see price and direction in the marketplace and how to leverage your strengths to take a profit out of the market.

Disclaimer: day trading is high risk, do your own work : The efficacy of both technical analysis and fundamental analysis is disputed by efficient market hypothesis which states that stock market prices are essentially unpredictable. Be responsible for your trades, do your own work and never rely on others. When searching for a Day trading course, be sure you understand the risks involved in day trading.