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S&P 500 Index

April 10 day trade/scalping ideas

By alleytrader
Updated
the 2nd idea is we open drops to 74 (78 ES) and then sits sideways followed by a further drop to 66 (70 Es). we also could get a opening pop going right back to the top of the marked areas of 93 (97 - 98 ES). but do expect pretty much same chop till we can clear this multi day distribution. Leaning on the short side due to DOW weakness. but that can change real fast
Comment
will be looking at the range lines narrowed to 2879 and 2886 for today as the boundaries for the choppiness
Comment
No matter what happens now but to see the response to FOMC minutes go right to my line then reverse, one does have to admit that is pretty good premarket heads up.
Chart PatternsdaytradesESS&P 500 E-Mini FuturesindexTechnical IndicatorsIndicesscalpingspc500SPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Trend Analysis
alleytrader
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