Day trading course Challenging support S&P500 chart
Day trading course, S&P500 emini futures are challenging the support as sellers move back in. We consolidated at the lows during lunch as sellers make a weak attempt at breaking support.
Looks like a break of these lows will be coming on with this sell off.
next stop 1247.
1239 extreme low.
Watch for the volatility.
This is the follow up chart on the previous trade and break of the supporting trend line on the S&P500 emini futures contract. Entry price 1256 with first two targets taken. 1247 is getting taken out. Watch for next move down around 3:00 PM.
Watch for this to roll off of 1249 and continue down if sellers are committed.
Comments
No comment yet.