SPX is setting up for a squeeze into 4050SPX zone of am lows
So far so good from my yesterday's update. We should test 3760SPX (already did on the ES), with an ideal stretch to 3735 in am.
3725-35 is a must hold for today imo, otherwise it opens a door to 3662SPX, which I'm not in favor to test just yet.
Looking to exit remaining short at 3755ES from yesterday's close and start layering in with longs for a potential 200-250 trip into the 4050 zone
3725-35 is a must hold for today imo, otherwise it opens a door to 3662SPX, which I'm not in favor to test just yet.
Looking to exit remaining short at 3755ES from yesterday's close and start layering in with longs for a potential 200-250 trip into the 4050 zone