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alleytrader

es, day trading Aug 3rd 2020

E-mini S&P 500 Futures (Sep 2020) (CME_MINI:ESU2020)  
alleytrader  
CME_MINI:ESU2020   E-mini S&P 500 Futures (Sep 2020)
Support and Resistance ES S&P 500 E-Mini Futures ESU2020_ SPDR S&P 500 ETF (SPY) SPX (S&P 500 Index) S&P 500 (SPX500)
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supportandresistance es es1! esu2020_ spy spx spx500
will open on a gap up to the very top of the current multi days bigger range. The top of this range I my mind is the boundary to ES ATH so will watch that around 3286. We also have a smaller time frame lower range that has support at 3270 area this I also will be watching and will target 3250 if we can get back into this lower range. I however have my doubts we will get down there and my first action will be looking for a long on pull backs into the 2375-3282 area. Trading this market with an opinion about what the market should be doing can be a valuable tool, when it does not do what you think it should do, then maybe the opposite side is very strong, so check your bias and trade the action.
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