SPY Trading plan for 10/17
Gap higher this morning. Opened at 585.91. ATR right now for the day is 5.51. Low of 580.40, high of 591.42. I'd want to see this come down to 582 before entering a long position with a target of 588.
Note
I'm going to want to see the price action around 582.20ish. This may want to go touch 580.40. Lets see what happens.Note
Didnt get to 582.20. Going to wait a little more. Note
If this doesn't come back down to 582.20ish, I won't take a trade today. Note
Coming down to my entry. It's kind of late in the day now. I might need to adjust my target. Dont think 588 is probable. This might want to touch 580. Note
The setup isn't there. Doesn't feel right. Calling it a day. 
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