Day trading course – wide range
Day trading course – wide range
Trading the S&P500 emini futures contract in the S&P500 day trading course live room.
It has been a wide ranging market between support at 1262.75 and resistance at 1278. Now price has just broken through resistance at 1272.50 and is on its way up to test resistance at 1273.75.
If buyers pressure breaks through resistance at 1273.75 the next target is at the top trendline of the range. The outer target of resistance is 1280.
Day trading course looks at price and direction, the support and resistance and the direction of the market.
If resistance proves to be strong, sellers will come in to see if there is support at 1272.50. If there is a breakthrough 1st target will be 1270.25, next target will be 1269.25, 1267.75, 1265.25 on down to the bottom trendline of the range. The outer targets of support are 1262 and 1260.25.
Trade What You See
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.
Day trading course – stocks continue to the upside after initial sell pressure and close higher on the day, looking for a continuation to previous highs on Friday.
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 trading.
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