S&P 500 day trading course weekly chart
S&P 500 day trading course looking at 1121.50 for a 50% retracement from previous major swing. If it closes above 1074.25 we could see the break out to these targets.
S&P 500 day trading course looking at 1121.50 for a 50% retracement from previous major swing. If it closes above 1074.25 we could see the break out to these targets.
Watching for a mid term double top on the S&P 500 emini futures. seems that we came back up to the previous high with less volume. Presently there is a 48.75 range which is lower than the average.
Market reaction to the 8:30 jobs report was rapid. The high for the day of 1062.00 printed in the first 5 minute bar, then a sell off began. By 10:45, most of the day’s move had happened. A descending 3-4 point deep trading channel developed over the next 3 hours and dropped the index another 2.25 points to the day’s low of 1041.00.
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