S&P 500 day trading April 22 S&P 500 emini futures
This seems like the congestion zone before the next major move. We have posted levels on both side of the trade. It seems that there are not enough longer term investors to sweeten the pot.
This seems like the congestion zone before the next major move. We have posted levels on both side of the trade. It seems that there are not enough longer term investors to sweeten the pot.
We are looking at the Daily chart for April 17. We are focusing on the price action bringing us to this level. How to read the price action with out indicators and to see if there will be a signal for the break down. A few clues for you to see it and how to integrate it into your trading .
Upside target is 875-83 if we break above then there is a chance of more topside consolidation and then a rollover.
We are looking at a few levels here with a possible break to 875. From here we enter no mans land where the Market Makers are waiting for the investors to step in with some fresh sidelined money. If we have enough positions in, I am looking for the S&P 500 to sell off.
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