alleytrader

es, spy, day trading for Mar 2nd 2020

FX:SPX500   S&P 500 Index
The markets have accepted these lower levels for now and could consolidate to build energy for the next move, and this is happening inside a big balancing zone. the over night attempt higher was not that impressive but did print an accumulation from the bottom. If this current low breaks a fast move lower is likely.

I will be watching close for a red zone break but my trading until it does break will focus on trading the inside of this range.

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