alleytrader

es, spy, day trading for Jan 8th

FX:SPX500   S&P 500 Index
After a massive down move we are right back into prior range and looking to complete the balancing process and until this big range breaks in a solid fashion look for a back and forth trade. however if the break happens a good size move could be happening. Will watch market reaction close for clues to the type of action.
Call me crazy, but leaning to the long side but keeping an open mind.

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