alleytrader

es, spy, day trading for Feb 20th 2020

FX:SPX500   S&P 500 Index
2202020
ES found a over night new high and is balancing in the top part of the big range. I will be watching for buyers to step in around 3378 but could let it drop as far as 3370 and still be top of range. Also thinking sellers will step in around the 3389 area and if above should see the over night high tested.
Do not look for big moves during the day session anymore they are for the buy side and sell side to battle it out and let the lifting happen in the easier over night session.
That said there are still some nice size inside day moves that we can watch for.
Interested check out our screenshare for intraday trade signals and triggers.

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