alleytrader

ES SPY SPX day trading ideas for June 18th

alleytrader Updated   
FX:SPX500   S&P 500 Index
Today after the big overnight move on ECB hot air, the inventory got real long , and would think a pull back to get long could be a good set up, would look for the 2906 area for this launch point. however if we get open up rip then it could be a grab onto anything on the train sticking out as it rips past you towards 2935 and further. In the odd situation we get back to below 2900 then will target 2895, and 2888
Comment:
Not sure the launch point for the long needs to be closer than 2 ticks, so will say the pull back after open to 2906 and then go long pretty much worked out perfectly. Now we are trying for the 2935 target. Hope someone got this trade.

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