S&P500 day trading course live day trading room and charts levels of support and resistance.

S&P500 day trading course trading chart

1089-90 is resistance today as we are seeing if the bulls can muster enough of a commitment to get us to 1100.  It could be a bit exhausting for them and we could see a sell off if it doesn’t close above these levels today.

1089.50 first resistance

1096.25 next area of resistance

Extreme high of 1105.25

Point of control will be 1075 on the day, I don’t see the bears snatching this away until the close.

1069.50 1st support

1061.25 2nd support

with 1051.25 at an extreeme low.  If there is a sell off, would be looking for  the previous swing low a 1036.25

Spain has added some volatility to the Euro and expecting a Spanish down grade soon.  Watch the lunch hour as London closes.