We have had a pre market bullish continuation and hence will look for the momentum to continue. SPX - Our key reference is 3330s 1. Hold of that will look for a push to 3370s. and a consolidation from there 2. Hold below 3330s will look for rotation to 3308-3300 areas and a consolidation and pullback from that region.
NAS- we have a bit of a resistance zones at 11360-85 zones. 1. Hold of that will look for a test lower to 11270s and a push above from that range to test back the resistance zones. 2. Hold above 11360s for a move to 11530s 3. Hold below 11360s to rotate back to 11250s and consolidate there for a lack luster session.
Overall Bias- Pullback Bullish.
Trade closed: target reached
And Pullback bullish was the core play today SPX that hold and pullback of 33300s NAS the hold of the 11250-70 zones. both rocker of a trade :)
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