Inverse Head and Shoulders – traders Tips

Day trading course S&P500 day traders tips Chart updated chart for the S&P500 emini futures market.

day trading course S&P500 day trader tips

Watching for this to break through1315 for the test on 13

21 and then a continuation to 1330.  the point of control was 1305.50

Today is a POMO day.  Fed buying treasuries today so expecting to see a low volume lift.

More than likely will consolidate around 1314-16 until we see some commitment.

The resistant trend line is also coming in at 1314-16 so once we see if the day traders are going to buy or sell is the key.

Watch for this to get a bit of price failure through here.  If that is the case then support will be at 1305.50 then 1302 and then an extreme low 1296.25.

Might see some volatility at 3:00 and at the close.