$SPY 9/5 - 9/8 Watchlist
We are now above the purple zone (448 - 450) and we are heading to the next zone (456 - 457). We need to keep into account that there is a Gap fill $453.52 to $456.05 , very easy play once price reaches those levels. Easy play for some calls. Here are some things to keep in mind:
- We must wait for confirmation or a valid set up to enter
- If we notice price action signaling strong bullish candles into the gap then we can set our SL / TP and go for an entry
- strong bullish or bearish candles are something to base your plays off of
- THIS can also go BEARISH if we end up breaking below our 448 Zone there's a lot of room for lower lows
-Overall be ready to play both ways and no rushing trades, we let the set up come to us
- We must wait for confirmation or a valid set up to enter
- If we notice price action signaling strong bullish candles into the gap then we can set our SL / TP and go for an entry
- strong bullish or bearish candles are something to base your plays off of
- THIS can also go BEARISH if we end up breaking below our 448 Zone there's a lot of room for lower lows
-Overall be ready to play both ways and no rushing trades, we let the set up come to us
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