S&P500 day trading course price action FOMC meeting
S&P500 day trading course price action on the S&P500 emini futures contract. Coming back from the banking holiday and looking at the daily chart.
-
-
S&P500 day trading course price action
S&P500 day trading course Point of control is 1137.25 with first resistance at 1144.25 then 1149.75 still looking for the open gap fill at 1156.25 and a swing to the high of 1163.25-69.25 .
-
S&P500 day trading course new highs Dollar clobbered.
Watch for short term support at 1140-41 as the sellers push against the buyers exhaustion on the move up. If by 2:00 the sellers haven’t moved through to 1137.25 or lower watch for consolidation into the close. If the buyers have made another push during lunch to give us a new short term high watch for the attempt to 1156.25.
