SPX/ES/SPY plan for 10/26
We Gonna Crash or What?
Brief note tonight because we’ve been prepared for this range from the weekly plan. Today (once again) one of last night’s short setups played out beautifully. We knew that the day was a short below ES 4261.75, would accelerate below 4250.5, and could completely unravel below 4240. We are now trading at 4180 as of the time of writing this. I would say it unraveled. So, what happens tomorrow and what trade setups do we have? From last night (apparently didn’t have to worry about the move being overextended):