Looking for support and resistance lines?
Like the idea and follow me for intraday SPY commentary!
Happy Monday!
Gapped to all new highs. Playing a tight range this morning. Leaving hesistation to the masses. Really need to be watchful of important new S/R numbers the market decides to make. Tough to make a definitive call until this happens.
Graveyard Shift / Morning Crew
Graveyard Shift: Nothing to speak of
Morning Crew: Gap up. Nothing to speak of
Futures Crew (/ES)
Breakout at 3395. topping out so far at 3424. Normally, should expect a trip south to touch the breakout area.
Resistance levels
(Pre-Market) 342.47
(See Shared Chart)
Support levels
(Pre-Market) 342.05
(See Shared Chart)
Gaps
341.36 - 339.71
331.18-330.06
327.73-326.63
Extras
Shared Chart
www.tradingview.com/chart/oOetWWMH/
*This chart will be shared and updated all day. Come to this idea to get commentary all day for intraday playing. If you would like to know my thoughts for this week, see the chart below*
Weekly Projection
See below.
If this helps you, like the chart and feel free to follow me. I freely offer intraday SPY commentary. Thanks for taking the time to read. All of this information is my interpretation and shouldn't be taken as trading advice. Good luck out there traders!
Like the idea and follow me for intraday SPY commentary!
Happy Monday!
Gapped to all new highs. Playing a tight range this morning. Leaving hesistation to the masses. Really need to be watchful of important new S/R numbers the market decides to make. Tough to make a definitive call until this happens.
Graveyard Shift / Morning Crew
Graveyard Shift: Nothing to speak of
Morning Crew: Gap up. Nothing to speak of
Futures Crew (/ES)
Breakout at 3395. topping out so far at 3424. Normally, should expect a trip south to touch the breakout area.
Resistance levels
(Pre-Market) 342.47
(See Shared Chart)
Support levels
(Pre-Market) 342.05
(See Shared Chart)
Gaps
341.36 - 339.71
331.18-330.06
327.73-326.63
Extras
Shared Chart
www.tradingview.com/chart/oOetWWMH/
*This chart will be shared and updated all day. Come to this idea to get commentary all day for intraday playing. If you would like to know my thoughts for this week, see the chart below*
Weekly Projection
See below.
If this helps you, like the chart and feel free to follow me. I freely offer intraday SPY commentary. Thanks for taking the time to read. All of this information is my interpretation and shouldn't be taken as trading advice. Good luck out there traders!
Commento:
bulls are trying to get to pre market resistance.
They havent hit it yet, which is a point for the bears.
They havent hit it yet, which is a point for the bears.
Commento:
341.4 is the important support at the moment.
Bulls will need to defend this area to avoid a downturn.
At the moment, we have 2 hourlys downward, and a pull back candle.
Premarket low is the goal for bulls (342.05)
Gap is bears goal (339.71)
Bulls will need to defend this area to avoid a downturn.
At the moment, we have 2 hourlys downward, and a pull back candle.
Premarket low is the goal for bulls (342.05)
Gap is bears goal (339.71)
339.5ish is the breakout price and bears should like to come test it.
339.71 is the gap and could get filled at the same time
will bears be doing a two for one today? who knows.
Gonna need to start grabbing and marking new S/R levels as the show up.
In the mean time, remember every quarter(.25 multiple) price is important.