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alleytrader

day trading ideas for SPX /ES April 29th

S&P 500 Index (FX:SPX500)  
alleytrader Updated   
FX:SPX500   S&P 500 Index
Chart Patterns Technical Indicators Beyond Technical Analysis ES S&P 500 E-Mini Futures SPX (S&P 500 Index) SPDR S&P 500 ETF (SPY) index Indices daytrading scalps
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chartpattern indicator beyondta es es1! spx spy index indices daytrading scalps
the over night is in a very balanced area right about where the market closed so no real opening adjustment expected, First idea is a test into the 2930 - 2933 area and maybe this just becomes the chop zone for the day, if this area can let go the would expect a move to 2920 area and then a move back to 2930 area, further down is not very likely, but anything can happen. the 2nd idea is a chop in this area 2933 - 2945 that finally moves to higher ATH area
Comment:
Maybe mentioning chop in each idea was not enough maybe needed to mention chop at least twice in each idea
Comment:
I will say I think we move to the new ATH area, and at that point see if volume floods in or vanishes
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