The Calgary day traders are getting together Wednesday evening at Ceili’s Irish pub in down town Calgary.

We are going to discuss the day trading course, exposure and risk management.  The Money Maker Edge Day trading course is going to be following on September 24-26.

The S&P500 emini futures contract has been hitting resistance in this area and day traders are watching for the breach below 1192 for a change in direction.

1180 hold the first major support on the S&P500.  1203 is the Point of Control on the daily chart with very weak buying into the highs around 1215 to 1223.  Previously, on the daily chart we can see the swing high hitting a double top with price failure.