es, spy, day trading for Feb 4th 2020
overnight is all long and will be looking for a long trade but pay very close attention to the top red zone box, for a continuation to the long side this is the resistance range we need to break, so look to see if we power through or reject this price area.
If market rejects without top range consolidation I will flip to looking primarily short other wise looking for long trades on any action that supports my thoughts.
A short trade can be good in this big range and a break above looks to have about 20 points .
If market rejects without top range consolidation I will flip to looking primarily short other wise looking for long trades on any action that supports my thoughts.
A short trade can be good in this big range and a break above looks to have about 20 points .
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