Futures ES trading

Day Trading S&P500 Futures&Stock Market

Day Trading S&P500 Futures&Stock Market: After my short movement, we got the “rally of holidays” I was expect.

Futures ES trading
Day Trading Futures S&P500

Daily chart of Futures Market : ES (S&P 500)

I’m actually expecting to see what I mention, one week ago. Go back till first buyers support, and bounce to keep moving long.

One of the reason why taking this trade will be very risky, is because of very low volume. It’s normal after holidays, I wasn’t expecting something else from the market.

Remember, when volumes are low, is easier to move market direction

 

day trading stock spxs
stock market SPXS ETF 3x Bear

For Stocks Market, using ETF of S&P500 : SPXS 3x Bear ETF

WE can see on thins chart, in volume, that buyers do have some moment versus Sellers.

But, notice also, Buyers volume on this movement, are much lower than all past move up.

Anyone who would like to take this move “up for stock” , be aware of low volume that can go against you.

*To everyone, know that first weeks of January are not the best time to trade, 

 

New to Money Maker Edge? Start here.

Everything on this blog comes from one method: defined risk, a written plan, and live trading with a group. Learn it in three days, then trade it every market day.

The 3-day day trading course  ·  The live trading room  ·  Day trading psychology  ·  Call 866-640-3737

Similar Posts

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.