alleytrader

es, spy, day trading for Aug 22nd

Long
FX:SPX500   S&P 500 Index
over night is balanced and doing what I said it would do late in the session yesterday, and that is move to higher levels. and believe we keep testing higher. will look for an impulse or retrace to get long from, and only move short if we go below 2922 -2918. I think an upside break could gain lots of traction but first area i will watch is 2946. In the even of a down move the gaps below look like good targets to shoot for.

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