S&P 500 day trading course April 28 emini futures live room
Day trading the S&P 500 emini futures,
looking at levels of support and resistance. We have been making our way down and breaking the levels of support slowly.
Day trading the S&P 500 emini futures,
looking at levels of support and resistance. We have been making our way down and breaking the levels of support slowly.
If they wash these buyers out new lows could be on board and a chance for the capitulation. Intresting that none of the pundits or hacks out there are not mentioning a possibility of a move down. Like it is almost taboo.
We shall see.
Shall be posting a bit more on the picture of derivatives, the commercial paper and the next blood bath coming up. Funny how the myth of liquidity is the propoganda to keep our eye off the ball with valuations. I hope the new home buyers in this next buyers spree have at least 20% DOWN in order to cover their short term losses.
How long will the rally last, still have decreasing volume with a final hour rally that pushed us up to these highs. There is no news coming out tomorrow, but wonder if during the stall that we don’t go down and fill yesterday’s gap. Two open gaps can be seen one from the previous swing low.
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