Morning Ideas July 5 2019 Emini SP500/EMicro SP500

NFP number created some downward movement even though it was a good number. We reached 3000 and may have some temporary resistance because everyone is looking at that number, but I will continue to be long until the market starts accepting prices lower.

Are we stretched here? Sure

Is it possible that we have a down day? Sure

All of this is speculation though and I will continue to go where price is accepting value. It is still accepting value higher so I will continue to play the long side.

Areas of interested.

2980 area
2970 area
2960 area

Don't flip flop based on price action