alleytrader
Long

day trading april 23

FX:SPX500   S&P 500 Index
Well wish there was something new and interesting to talk about today but looks like more of the same. However The market sure looks poised to make a run higher and in my estimation probably will, maybe not today but a few things to me looks like it will be today. The lines from yesterday only have a slight move up but same idea.

If I had to pick a primary idea for the day it would be a open retrace to 2908 area and then a move to test the high of the range and possible break tot eh higher areas mentioned in prior days notes. Until the bottom side of this range can be violated I remain on the bullish side.
Comment: After open will look for a pull back to the 2908 to 2910 and then see if market can get above 2913, in the event it can not and we do more than sideways will be looking for a short down to the 2902 - 2900 area. Above the 2913 will be leaning long. these new numbers are ES numbers adn the spread is -2 approx to find same numbers for SPX500
Comment: 2913 remains the over/under
Comment: looks like es to spx is closer to -3
Comment: pulled off a great long from the 13 area, and then when the YM dropped but the other indices did not drop and the big boys where still buying NQ and ES went long on YM at 26540 and now have trail stop at 26565. nice went good plans play out, and all was provided long before the events happened
Comment: some trades from the trade room: https://www.screencast.com/t/RqzNhOGY

we are also at pre open mentioned upper target
Comment: right to a target posted earlier this week, now lets see what they do , today has made up in profit for all the days last two weeks that had lots of hand sitting
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