My Trading Game Plan

The market could go either way. These are the levels and the price action I want to see.

PRE-OPEN MARKET COMMENTS THURSDAY – The SPY is forming a wedge ($391-$425) and we are within striking distance of breaking below the bottom of it. Support at SPY $391 is critical. If we close convincingly below it (long red candle) we are likely to continue down to the low of the year in September.

Daily Bulletin Continues...