alleytrader

es, spy, day trading for Sep 11th

FX:SPX500   S&P 500 Index
Over night a very tight balance session right around the prior days closing, so will not have high expectations for a big move until a solid break of this bigger consolidation zone, but will be leaning on a slow grind to higher levels. The market has given very little clues to it's desire to move lower other than a slight amount of big boy selling yesterday late in the session but over all they have been accumulating. Will be looking for a test of the boundaries and then reversion style trades until it break out and picks a solid direction.
Trade active: the entire way up my levels keep marking reaction points
nice work you called that perfect for resistance. Please give my your crystal ball Alley
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Always good TA from you
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@ZenMode, Thanks you for the comments and feed back. I do give you my crystal ball every morning, Someday's it is foggy and requires a very special treatment so not easy to pass on.
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