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alleytrader

ES, back to the double box!

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
alleytrader Aggiornato   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Support and Resistance ES SPDR S&P 500 ETF (SPY) SPX (S&P 500 Index)
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supportandresistance es spy spx
This is the retrace i was looking for, and has returned the market right back to the prior double boxed area on chart. would expect we test the bottom of the box. That is the level will have the radar on full alert. ES 4088 is the zone i see possible support.
Today will look to take advantage of the weakness but do think a chop or small retrace back up to 4170 area.
Commento:
Stop forest to stop forest, things get interesting
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