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alleytrader

What I am looking at and doing

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
alleytrader Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Support and Resistance ES S&P 500 E-Mini Futures SPX (S&P 500 Index) SPDR S&P 500 ETF (SPY)
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supportandresistance es es1! spx spy
Trading short from range tops and longs from range bottoms, This is a chop zone and will keep trading this way until range breaks. The range may expand before breaking so be on the outlook for that.
Comment:
move below overnight low, 3671 is first target
Distribution range mentioned yesterday, we are trading below and now in a lower distribution
Trade closed: target reached:
The gap boxes on chart are now back filled. I have not posted anything new because there has not been anything new. I have been scalping the balance range and waiting for bigger picture info to post new chart.
Hang in there and play safe.
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