Hello Everyone,
Quick comments: Thursday's comments: Bulls need to rally here otherwise next support is down near 4600 and then onto new lows. Buckle Up. Well - that's pretty much how things played out by the close today with the SPX taking out its previous lows. Onus remains with the bulls.
ES support at 4560-65 then 4535-30 next. Resistance 4600-4615
Note: Several previous ideas on watchlist remain valid but simply have not yet triggered so continue to re-examine each night. Consider making a fresh top 10-12 setups each night and put on front page along with existing trades. My advice is to keep your total ideas to a manageable number. Lastly, it's best to wait at times for valid setups to form - sometimes less is more.
Please take a moment to look at the trade ideas.
