Day trading course support and resistance, Day traders have sold this to support.
Today's point of Control 1294.50 with a test to supporting trend line at 1289.75.
Sellers are in control but have slightly exhausted and are consolidating in a channel from 1297 to 1294 with an occasional head fake to take ... Read More
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06
Jun2011
01
Jun2011
The bearish channel is holding. S&P500 emini future day trading course looking at the price action and areas of support and resistance.
The bearish Channel resistance was tested at 1347.50 with a head fake leading into reversal to cross the point of control at 1337.25
Our first support was ... Read More
31
May2011
Day trading course S&P500 bear channel holds. The S&P500 emini futures price action as the buyers tested the resistance on the bearish channel. It turned out to be a head fake as sellers moved in to control the am session.
Point of control is 1342 with sellers taking control in the ... Read More