alleytrader

es, spy, day trading for Dec 18th

FX:SPX500   S&P 500 Index
Es is trading in range in balance and now we are looking for a range break out to give us the next legs direction. Again left with a small 5 point range so this gives me very little to work from until the balance breaks. I do not like trading a 5 point range, however if I do will be looking for about 2 points so watch the risk reward on days like this.

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