es, spy, day trading for Mar 3rd 2020Nice move up that happened with out balance and now in the over night session has found balance for the time being. The balancing area is 100% above yesterdays action and looks like could be setting up a nice long trade, however I do not see the down side as resolved yet but that does not have to happen before a decent up move. Do watch the red bottom and if we move below most likely we will be trading out the prior days range. and the first blue line above red at 3140 is a strong target area if we get above the red top. Good luck today, and remember I am here for questions if you so desire to ask one.
