alleytrader

ES SPX day trading

alleytrader Updated   
FX:SPX500   S&P 500 Index
with the premarket drop I would think we open with a shortable bounce, maybe up to the 2827 area, and then we should test the resent lows and possibly below. a bounce above the 27 area we then likely see yesterdays high again.

will watch how things open and then look for trades after the open reaction takes place.
Comment:
after the 27 was broke through we are now 3/4 of the way to upper target, start to look for either rejection or a slow grind to the prior high
Comment:
target reached, tightening up stop and shaving size to 1
Comment:
now hitting target I posted yesterday,

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.