alleytrader

es, spy, trading for Oct 8th

CME_MINI:ES1!   Futuros E-mini S&P500
The overnight has had a decent down move and is set up to keep going so primary idea is a bounce up to 2932 area for a good shorting position. A move above that area I will flip to thinking long for about 10 points.
the two lower targets are marked for the lower move.
secondary move and almost as probable as the primary idea is sideways chop, so watch the red zone

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