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alleytrader
Apr 16, 2019 12:59 PM

april 16th day trading ideas Long

S&P 500 index of US listed sharesFXCM

Description

looking for a opening that pulls back to the 2809 area or a bit lower and then a bounce to take us to 2802 and 2836. If this area of 2804 does not support the bounce then probably trade sideways just above the 2800 area.

Comment

It is possible we open and just move higher, with no retrace but the open sessions have not be trading with a great deal of conviction so all we can do is wait and see

Comment

notice last 2 days I might be aggressive on my pull back expectations, but we will see, I might watch 2913 also

Comment

error above 2900

Comment

had a few tech issues today, so just catching up to this chart now, looks like my lines captured the action completely after the morning drop, very nice

Comment

we did not get teh up move as i expected but did not rule out a drop, what is fantastic is look where the drop cam from, very actionable information before the market even opens
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