alleytrader

ES1!, SPy, SPX day trading July 5th

FX:SPX500   S&P 500 Index
After the 2 or 3 short day low volume move would think some backing up is in play. Top range boundary is 3000 add 4 for ES and over this area we should see a pretty fast move to 3031, and the area below to get past to see further down moves is a boundary layer of 2976 to 2980 and a solid move below this I could think to 2962-2966 for the day or maybe even into Monday. After open will be looking for some information that will help formulate the days action keeping these levels in mind

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