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Dennis Dick & Joel Elconin

Joel’s introduction to trading was in the Standard and Poor’s 500 Index futures pit at the Chicago Mercantile Exchange. Also, during his time at the CME, he was involved in Index Arbitrage as well...

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Benzinga's PreMarket Info Recap for July 29, 2013: Major Support AND Resistance in the S&P

Have you ever woken up to find that a stock in your portfolio made a dramatic move overnight? Are you interested in learning how to understand each day's post-market and pre-market moves?

Veteran traders Joel Elconin and Dennis Dick will give you all of the insights that you'll need to get in on the action before the opening bell.

Some highlights from:

  • Major support and major resistance is very well-defined in the S&P futures
  • Many of the top S&P components are range bound as well
  • Key levels analyzed
  • Gold still range-bound
  • Crude tests major support at 104 again

Check out the video below for a recap of Monday morning's show.

Tags: Dennis Dick Joel Elconin

Posted in: Commodities Economics Pre-Market Outlook Markets Movers Trading Ideas