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traderdan59
Oct 8, 2019 1:07 PM

Bulls and Bears zone for 10-08-2019 

S&P 500SP

Description

After rallying yesterday AM, market sold off aggressively to test the Low of the day.
During overnight session, market sold off more to test the High of October 3rd, 2019.
Need to see a test of overnight Lows, before deciding on direction.
Level to watch 2910-2908

News to be aware of :

US:Jerome Powell Speaks
1:50 PM ET
Comments
DaddySawbucks
IMO could start bulling from here, is retesting the lower channel TL. Could give us correction breakdown, or could take off; risky in any position atm. Closed my shorts. Ty for post!
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