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Day trading for beginners | SPX to defend 4440 | 7480 7420 support | 7520 7540 resistance
Day trading for beginners | SPX to defend 4440 | 7480 7420 support | 7520 7540 resistance
After the public holiday yesterday for US Independence Day, we will likely have a bit more action today. The bull flag is still in play on the S&P so if the bulls can defend the 4442 2h coral support line then we may well see a push up later on. That should then follow though into the FTSE100 and a buy the dip day plays out.
I am looking at a drop down to the 7480 level on the FTSE100 initially today and then would like to se this hold. We have S3 here and also the key fib for today.