SPX |NAS - Trade Plan 13OCT - Consolidation & Rotation play
13-OCT:
After a runaway rally from the break out zones, expectation is to consolidate and rotate and build value.
SPX:
Key TD ( Trend Decider ) for the session is 3525
1. Hold below to rotate lower for test of 3525
2. Hold into that to rotate higher to 3545
NAS:
1. Hold below 12175 for a move to 12065 rotations. Further hold below 12065 for a move back to 11950s
2. Hold above 12125 for a move to 12385 areas
After a runaway rally from the break out zones, expectation is to consolidate and rotate and build value.
SPX:
Key TD ( Trend Decider ) for the session is 3525
1. Hold below to rotate lower for test of 3525
2. Hold into that to rotate higher to 3545
NAS:
1. Hold below 12175 for a move to 12065 rotations. Further hold below 12065 for a move back to 11950s
2. Hold above 12125 for a move to 12385 areas
Comment:
SPX test of 3503 done , for a move below 3525