es, spy day trade ideas we had for today

Updated

Today ES looks to be bouncing off the overnight lower values and balancing out the overnight session. The balance zone is very large 2700 to 2820 so not a lot of value to this range until one side or the other is violated. What does look like will happen is making an assumption that traders keep getting short this market and if so we will have a sharp move higher and then either a move back down into this balance of after the move up a choppy sideways action Watch the action and trade with the primary market push.

ES numbers in this post are about 5 points lower than SPX500 in TV

Trade active

For $25 a month this info gets to you by 9:00 EST everyday adn also live during teh day trade entry signals.

I also think there could be some very good value in taking positions in the oil tankers

Trade closed: target reached

did 8 trades today, 1 loss, and picked up some nice spots. 6 where short and 2 long

alleytrader

Also on:

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.