Off topic: Thoughts on US Futures /ES ….SPX….UPRO/SPXU Aug 30 2019

Home Forums SteelerFury Refugees Board Off topic: Thoughts on US Futures /ES ….SPX….UPRO/SPXU Aug 30 2019

This topic contains 0 replies, has 1 voice, and was last updated by  SteelerDayTrader 1 year, 8 months ago.

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    SteelerDayTrader

    After failing to hold above the 2946-ish Daily 50 SMA mark yet again I am cautious here. Not thinking huge selloff until it breaks the 200 SMA around 2805-ish though. Will it hold and make a higher low possibly indicating a contracting range ?? Remains to be seen. Careful at least to the point that on the surface we might be in a range from about 140 – 120 pts at the moment. Plenty of room to make money but no real strong direction right now

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