Friday, March 20, 2015

March 20th Trade Plan and Levels


Today we will be using 93-95 as our Bull bear zone. Below here ES can go on to retest 80.5-82.50 where id expect buying on first test. If ES gets below here we could see 64.75-66.75 where we could cap selling on the day timeframe.

Above 93-95 ES can go on to test 99.50-01.50 where we would need a good intraday setup. above here we could test 04.25-05.75 where id expect some rotation and then 08.50-10.50 which could cap buying unless we see huge strength internally.

Today is Quad witching so be cautious trading today, price action can sometime be erratic.

Happy Trading.

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