ES is put in a low of 4625 on low volume and created higher highs thereafter into an explosion on Friday late morning.
Looking for a gap-up on SPY/SPX into a touch of rejection under 4700. 4696 is my target for tomorrow into a 40 point fade into OPEX. Under that 4660 area is key for bears to go visit 4643 & 4625. 4620 lowest we go IMO IF WE EVEN GET DOWN THAT FAR.
So we play the gap up for a scalp, open a new short around 4696 and we ride it into Thursday where we should see a bottom around 4643. I will be cashing in most of my short and let some runners run with a s/l of 4348 if that scenario comes.
Looking for a gap-up on SPY/SPX into a touch of rejection under 4700. 4696 is my target for tomorrow into a 40 point fade into OPEX. Under that 4660 area is key for bears to go visit 4643 & 4625. 4620 lowest we go IMO IF WE EVEN GET DOWN THAT FAR.
So we play the gap up for a scalp, open a new short around 4696 and we ride it into Thursday where we should see a bottom around 4643. I will be cashing in most of my short and let some runners run with a s/l of 4348 if that scenario comes.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.