“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)
Read the rest of this entry »
