Day trading course – bearish trend continuing
Trading the S&P500 emini futures contract in the S&P500 day trading course live room.
Huge 60 point drop occured, to end at the bottom support of the trendline, at todays close . After the close, price dipped below trendline hung out for a bit, and then moved up to pierce and test previous support, and now is heading down to the next target at 1177.25. It may come up to retest the resistance at the bottom of the trendline. If the trend reverses by piercing and breaking through the first target is 1214.75. next target,1243.00, which also happens to correspond with resistance at the top of the trendline. Next target is at 1266.00 and onto target at 1301.50
Trade What You See








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