DCTrading

DCTrading

Targeting 212 above and 210.40 below. Watching for an inside day, and trade setups at those levels

DCTrading

We have a small consolidation (thin blue lines) that has formed inside the larger consolidation (thick blue lines). A break above 211.45 we will target 212.48. Below 209.74 we will target the 50 day SMA and 208.62. 50D SMA Green 200D SMA Red

DCTrading

The SPY is trading right above the 50 day SMA in the pre-market. Getting up through 209.38 we will target 210.52. Below the 50 day we will target the bottom of the channel near 207.25. 50D SMA Green 200D SMA Red

DCTrading

The SPY has pulled back slightly from Fridays highs. Outside of Fridays range we are targeting 209.38 and 212.48. 50D SMA Green 200D SMA Red

DCTrading

At 7:30am EST the market is trading near yesterdays low and off a pre-market low of 206.31. We've moved well below the lower blue trend-line and we have several tight targets, including the 50D SMA, should the market attempt to move higher. Below yesterdays low we will target 205.21. We will remain cautious of an aggressive move toward the 200D SMA. 50D SMA...

DCTrading

Slight lift off yesterdays lows in todays pre-market. Looking for support on the bottom blue trendline at 208.50. Holding above 209.50 we are targeting yesterdays high. 50D SMA Green 200D SMA Red

DCTrading

Updated Levels

DCTrading

Currently we're trading below yesterdays low following the international trade report. Below 210.78 we are targeting 209.28. Holding that level we are targeting back into yesterdays range and up to 211.50. 50D SMA Green 200D SMA Red

DCTrading

Outside of Fridays range we are targeting 211.50 and 212.50 on the upside, and 207.60 on the downside. 50D SMA Green 200D SMA Red

DCTrading

Outside of yesterdays range we are targeting a 212.48 on the upside and 207.60 on the downside. 50D SMA Green 200D SMA Red

DCTrading

Yesterdays low came right down to the bottom green trend-line and this mornings action currently has it below that line. Failing to retake yesterdays low will have us target 210. Above the low we will target 211. 50D SMA Green 200D SMA Red

DCTrading

Above Fridays high we are targeting 212.24, which is very close to this mornings pre-market trading. Fading back into Fridays range will have us target 211.04. 50D SMA Green 200D SMA Red

DCTrading

Above 211 we are trading up to the ATH at approx 212.24. If yesterdays breakthrough does not hold we will look to trade back to 210. 50D SMA Green 200D SMA Red

DCTrading

We setup two thin green consolidation lines to help characterize the last several trading days. With us trading near the middle of the 209-211 zone we will watch for moves against those levels. Outside of those levels we continue to target approx 207 and the ATH respectively. 50D SMA Green 200D SMA Red

DCTrading

With the market sliding away from the 211 area yesterday, we will target 209 and the 50D SMA on the downside. The bottom blue trend line at approx 207 is our target below the 50D. On the upside we are still targeting 211 with the ATH above that. 50D SMA Green 200D SMA Red

DCTrading

This mornings action has us once again above the top blue trend line. Holding above will have us target 211.04. Below yesterdays high we will target 209.79 and below that 209.

DCTrading

Currently inside the blue consolidation SPY is trading above the 209 level and close to Fridays high. Below Fridays high we remain targeting 209 and then the 50D SMA. Holding Fridays high we are targeting 209.79. 50D SMA Green 200D SMA Red

DCTrading

We are back under at the blue top trendline with todays premarket trade. Remaining below yesterdays low will target 209 and then the 50D SMA. Reestablishing yesterdays range will have us re-target 211.04. 50D SMA Green 200D SMA Red