es, spy, day trading for Mar 2nd 2020
The markets have accepted these lower levels for now and could consolidate to build energy for the next move, and this is happening inside a big balancing zone. the over night attempt higher was not that impressive but did print an accumulation from the bottom. If this current low breaks a fast move lower is likely.
I will be watching close for a red zone break but my trading until it does break will focus on trading the inside of this range.
I will be watching close for a red zone break but my trading until it does break will focus on trading the inside of this range.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.