“Today’s futures trading session was lower volume”
Well like I said before, each day-trading session in the commodities and futures markets can wear a different dress….Today’s trading session was lower volume, indecisive to start with but with enough intra-day swings in price action to provide some trading set ups.
I mentioned before in this blog as well as in my day-trading webinar that if a trader can get an early sense to the type of trading day that is about to unfold, he/ she can really increase their chances by using methods/ indicators and set ups that work better for the different trading days ( trending, choppy, volatility on both sides etc.)
In between, below you will see a daily chart of the mini SP 500 with what may be some resistance levels on the way up and possible support levels if we decide to turn around and head back south ( last week we had more than a few changes in market direction)
If you like to see what my INTRADAY chart looks like, live during the trading session, sign up for my Live Day Trading Webinar:
Trading Levels:
This Week’s Calendar from Econoday.Com
All reports are EST time
Tuesday July 27th – http://mam.econoday.com/byweek.asp?cust=mam
ICSC-Goldman Store Sales
7:45 AM ET
Redbook
8:55 AM ET
S&P Case-Shiller HPI
9:00 AM ET
Consumer Confidence
10:00 AM ET
State Street Investor Confidence Index
10:00 AM ET
4-Week Bill Auction
11:30 AM ET
52-Week Bill Auction
11:30 AM ET
2-Yr Note Auction
1:00 PM ET
Disclaimer:
Past results are not necessarily indicative of future results. The risk of loss in trading can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.
Tags: commodity, commodity futures, commodity trading, day trading, e mini, futures broker, futures contract, futures exchange, futures market, futures quotes, futures trading, market widgets, online broker, online trading, options trading, S&P 500, trade company
