VIDEO: Live Price Action Trade Analysis on S&P 500 Index
['Nial Fuller']
Learn To Trade The Market
I’ve spotted what I think is a good trading opportunity to go long and I’m going to go over the analysis behind the trade setup just to help you guys get a little more of an understanding of how I do things and how I come up with my trading decisions. We can see here the market is edging up against that 2060 level and that’s a level we had identified previously, the line is still on the chart after we zoomed in. There’s also another level at 2,011, you can see the market found resistance there and then retraced and then moved back up to that area, had a little pause and then broke through it and then price held it again on a downward retrace to it.