Finding S&P Futures Price Targets

Skilled traders know the targets

The S&P futures market has targets that can be known in advance almost every day. Other markets also behave in a manner that suggests that they too have price target levels. A well-known example is the price at which the market closed on the previous day. That price is, of course, the basis of the well-known gap trade, the difference between the previous market close and the opening price on the very next day.

Almost every trader knows the gap trade. Experienced traders also know that the gap trade succeeds about 75% of the time. So this is one example of the market hitting a target, but there are other targets that the market is drawn to, hits, and gyrates around. Learning how to find the targets is an important skill that traders need, or should, learn to do every day. Areas of support and resistance are also targets that can be seen each day as the market reaches these levels, and these are important areas traders need to recognize. Taylor’s trading technique also reveals targets, and these are determined by calculating the Taylor formulas. Unlike the targets that are seen as the market moves throughout the day, the Taylor targets can be calculated before the market opens, giving traders an edge in their trading decisions. The Taylor Trading Technique and Taylor’s formulas are discussed at length at timelessdollar.com.

S&P emini futures day traders need as much information as possible to make better trading decisions. Market prices move erratically, but the Taylor Trading Zone is based on calculations developed by George Taylor 75 years ago. 

Almost all professional traders use the Taylor Trading Technique every day to help them make profitable trades – because the trading zone has proven to be the next best thing to having a crystal ball. Click the banner below to for more information, read testimonials from users, and how to download your own Taylor Trading Technique Calculator.

Having as much information as possible gives S&P emini day traders a big advantage over “seat of the pants” traders. Without learning as much as possible about the market, it is highly unlikely that a trader will succeed at making money as a day trader.

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