PharmD Capital Trading with PharmD_KS

PharmD Capital Trading with PharmD_KS

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PharmD Capital Trading with PharmD_KS
PharmD Capital Trading with PharmD_KS
Quick SPX ES SPY Update 10/16
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Quick SPX ES SPY Update 10/16

Reminder I'll post updated to trade setups in the AM via chat.

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PharmD_KS
Oct 17, 2023
∙ Paid
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PharmD Capital Trading with PharmD_KS
PharmD Capital Trading with PharmD_KS
Quick SPX ES SPY Update 10/16
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Today was a pretty wild day. We were bullish over ES 4365-69 and in particular after the Euros failed to fill the ES gap which is quite rare outside of a major new event that occurs while ES isn’t trading. Into the open we had 4375.25 as a key inflection point and it was never tested. There was zero interest below the open on today’s inside gap up and sellers were fully trapped. We had 80-82 to long off the initial stall at 4390 and the rest was history. We are currently trading in as 5-day balance and consolidating near the highs. As of now I see 2 potential 20+ point trades. Will we break out tomorrow? If so, what is the target?

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