S&P 500 day trading live room is looking at areas of support and resistance. Seems that we have the same point of control as yesterday. We had a brief run up and then settled back at the point of control
Day trading S&P 500 emini futures. We are looking at supporting trend line and the the possibility of making new short term highs. Alot of resistance coming in around 775-80. If we make it that high. Could be a lure to get more investors to commit their little pension funds and 401k’s …… be careful
Another low volume rally, total lack of commitment. This is just a retrace on the push down where, if it lingers too long, the investors will start to pile in thinking it is OK….
This next investor run will ruin confidence if it hits our lower support at 565.
We shall see.
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