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alleytrader
Oct 6, 2022 5:32 PM

What I am looking at and doing 

SPDR S&P 500 ETF TRUSTArca

Description

Trading short from range tops and longs from range bottoms, This is a chop zone and will keep trading this way until range breaks. The range may expand before breaking so be on the outlook for that.

Comment

move below overnight low, 3671 is first target
Distribution range mentioned yesterday, we are trading below and now in a lower distribution

Trade closed: target reached

The gap boxes on chart are now back filled. I have not posted anything new because there has not been anything new. I have been scalping the balance range and waiting for bigger picture info to post new chart.
Hang in there and play safe.
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