alleytrader

es, spy, trades for Oct 1st

alleytrader Updated   
CME_MINI:ES1!   S&P 500 E-mini Futures
The indices are bullish and show no sign of weakness, however we are at the top of a distribution and not getting above could be telling so will watch for top side choppiness or a failing break out.
As of this typing we have not got a predominate symbol pulling away from the rest so the opening action will provide some good detail to the action today.
Trade active:
looks like Es going to reject just below the posted 2995 area and as long as it remains in a up move on this pull back I will stalk a long trade thinking around teh 2989 area.

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