alleytrader

ES, SPX, SPY day trading July 8th

alleytrader Updated   
FX:SPX500   S&P 500 Index
ES is trading 4 points over SPX500
one more day with the overnight mostly all moving down so first idea will be to short any bounce 2969 area, over that value we could see some revisiting of yesterdays trade range. The down move however could start to see some decent action with support levels at 60, 55, 46, and 34. will look for a move up to short or a impulse move to trade off of. So watch for a possible gap fill move or a gap and go move
Comment:
I see i failed to mention upper target, since we have been hanging out above 2972 i have been targeting 2978

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