PowerTrades

SPX & NAS Trade Plan 08OCT

Long
OANDA:NAS100USD   US Nas 100
SPX:
Key TD is 3430 areas, hold of that am bullish for a move to 3450-60 zones
Hold below that will look to test 3410 areas.
NAS:
Key zone is 11480-500F areas.
Bullish for hold above for a test of 11650F
Bearish for hold below for a move down to 11320F
Comment:
A complete rangebound day with a small range.
only trade in play was the pullbacks from the marked zones.
1. SPX from 3430s for a pullback long.
2. NAS exatly low at the marked line near 11500 for a pullback play.
A small RTH session sets up a breakout play for Saturday.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.