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Index S&P 500 Day Trading: Fiscal Cliff week
Fiscal Cliff creates opportunities for Day traders that understand price action. Hello Day traders and Happy Holidays for all of you! This week, I made 4 targets for both side cause of Holidays. I like the big drop till ~1424.00 on Friday.This way it shows me that the Market respects the supporting trend line. Few thing to…
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Head and shoulders on S&P500 emini futures
Head and shoulders formation on S&P500 emini futures into the weekend. A Head and Shoulders Formation is appearing with our initial target of 1368.50 on the S&P500 emini futures. This is the pattern discussed Tuesday as we are watching for sellers to move in at these levels. If buyers commit to the move from…
