alleytrader

ES, SPY, day trading for Jan 6th

FX:SPX500   S&P 500 Index
Today I feel is going to be an teaching day, meaning it is going to be providing information that will help me learn its futures moves, baring any news.
We have a short term red zone and a larger picture red zone is inside a distribution that is inside a prior distribution but the big distribution is not balanced so leaves me with a poor going forward plan.
So my plan will be to see if I can pick up an impulsive move and a bit of a short term inside trend to jump on board.

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