Euro sighs relief as the politicians agree to agree and the US market rallies hoping to get back on track.  Get ready for the S&P500 to run into resistance and then move up.

Day trading course looks at how the S&P500 price action model is effected by market fundamentals and the European markets agreement to agree. Watch the markets rally into this pause. The Europeans have kicked the can down the road to December in their decision making and give appropriate hand outs on the way.

The S&P500 emini futures rallied in the overnight gapping up equities at the open. The bullish direction will hit some resistance as it approaches the initial resistance at 1348-52 and an extreme high 1358. The key for the market to keep this trend is a close above 1350 with futures holding and moving up into the weekend close.

On Monday watch for a the pressure on the futures market with the Asian and European opens. Could see a move back to 1338 support. If we see price failure under the 1338 support to 1334-6 area watch for a turn and keep the direction of this mid term move.

Remember when small money moves out of the markets and invest sentiment is at its lows, watch for institutional investors to move in and move to higher levels.   Market Makers have bought in 3 waves to set this mid term support.  Investors are worried, it is time to take their money.  Looking for some volatility to shake out the channel break – donchanian channel traders.  This is where Jr. traders will be shooting out your stops.

Get good entries.

Trade what you see and never listen to the so called experts. If you can’t see the direction of the market and don’t understand how to use a stop, then don’t trade. Never take stock tips, and if it is on the TV as a hot pick, it is too late.

Day trading course focusing on the S&P500 emini futures support and resistance and 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.

Day trading course looks at price and direction, the support and resistance and the direction of the market.

Day trading course will be in your area soon, join us for Day trading education.

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.

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 day trading.