Princetontrader Futures Trading Education Charts of The Day November 25, 2016

For today's shortened session the S&P Futures want to convert old resistance at 2203 into support similar to how 2191.50 was converted. This is basically the next step. It's a short day, a Friday and a thin environment - all of those factors traditionally favor the bulls. Caution today in this low volume environment.

Daily:

For today's shortened session the S&P Futures want to convert old resistance at 2203 into support similar to how 2191.50 was converted.  This is basically the next step.  It's a short day, a Friday and a thin environment - all of those factors traditionally favor the bulls.  Caution today in this low volume environment.

Hourly:

Here you can see the 2203 area trying to hold the down moves in an effort to be support.  the next area to convert on the upside is 2207 followed by 2214.

Here you can see the 2203 area trying to hold the down moves in an effort to be support. the next area to convert on the upside is 2207 followed by 2214.