es, spy, day trading for Jan 31st 2020
Market is in a 4 day range and each second day is going from trading near the top of the range to the next day trading the bottom of the range. A break of this range is needed to confirm next bigger trade idea.
The over night was all long but did move back down to teh top of yesterday and formed a nice overnight balance.
Idea I like is a move down to area of red zone bottom for a trade up that tests the big range top.
Below 3265 that holds most likely takes us back to 3240. and then watch that area for further weakness.
The over night was all long but did move back down to teh top of yesterday and formed a nice overnight balance.
Idea I like is a move down to area of red zone bottom for a trade up that tests the big range top.
Below 3265 that holds most likely takes us back to 3240. and then watch that area for further weakness.
Penafian
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