Looking at activity in the e-Mini S&P yesterday, we can see that the market stayed within our support and resistance range for the most part. It did dip at one point down to our 2nd line of support based off of news of the Japanese earthquake, but quickly reverted back into that range.
For more updates from Dave, visit the eMiniDayTrader blog at eMiniDayTrader.com
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Futures, options, and spot currency trading have large potential risk and traders should be well-educated before putting real money at risk. You must be aware of the risks and willing to accept them in order to invest in all markets. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. This website is neither a solicitation nor an offer to buy/sell a futures contract or currency.
