alleytrader

es, spy, day trading for Sep 10th

FX:SPX500   S&P 500 Index
The over night is balanced lower and has a massive trading range. So no real clear direction as long as we are inside this balance red zone. We could still see a test to 2946 the prior resistance area and is not bearish until we move back below that point. We have a non clear over night event and looks like we still want to discover higher and lower price and this could bring fast turns so look to see if we have impulsive moves we can play off of, just be careful of new high reversals and new low reversals.
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