Point of Control will be 1047.50 on the day. 5 down days in a row. This is normally where we get a bounce so watching for a doji on the day. Support is coming in at 1040.50 with next major support at 1036.75 then 1025.25 and an extreme low of 1001.25.
S&P500 day trading course inverted head and shoulders. Price action in the S&P500 emini futures is pointing towards an Inverted Head and Shoulders with support at 1036.75. We could consolidate at 1049.25 on the way down there.
S&P500 day trading course price action pre market looking at the daily chart. The Point of control for today is 1094.25 for a bullish break out on low volume for the S&P500 emini futures contract.
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