Futures Market moves up on lower volume, this is a critical point for the S&P500 emini futures market as buyers are looking for the commitment to push to new highs. Futures market is seeing a weak commitment on the move up in the S&P500 emini futures. Watching a point of control on this move up…
Consolidation Day, the markets are littered with bad news, but price holds in this supported range. After this past week’s abysmal news on the economy(unemployment numbers), corporate greed(Libor is fixed), and the monopoly game in Europe(Merkel has staying power), the S&P500 is stalling into the new week with a consolidation day. Consolidation is when the…
Day trading course some selling pressure looking to break upward after a test down in the S&P500 emini futures. Trading the S&P500 emini futures contract in the S&P500 day trading course live room. Resistance is moving down and there was a gap down from 1268.50 to 1266.75, Now testing support at the 1265.50 area of…
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