In today’s video I briefly talk about the E-Mini S&P 500 and point out that the market sold off to the 38.2% retracement (from this years low to high), which so far has been a great support level…the E-Mini S&P 500 has bounced 16 points (equivalent to roughly 160 Dow points) since dropping into that support level yesterday afternoon. If you were day trading it was a good time to put on a long trade around that price level of 1496.25. Be sure to watch the video to get all the details. I also put on a new stock trade today – the stock symbol PPG – watch the video to get the details on this stock play along with two other stocks I’m looking to get into shortly. Have a great weekend and I’ll be back with you Monday morning.
And don’t forget about the brand-new stock trading mentoring program Doc, Dave and myself are releasing – it’s filling up fast and we’re getting close to shutting down enrollment, so if you’re interested please sign up – just go to: www.TradingConceptsInc.com – and click ‘ Stocks’.
Todd Mitchell is the CEO & Founder of Trading Concepts, Inc. He's been trading since 1994 and has mentored over 12,000 traders from Wall Street to Main Street. He's an expert at developing strategies for creating more consistent daily, weekly and monthly income.
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