Conditional Change in the S&P today

With today’s price action and strong close, we are seeing a conditional change in the market, which is bullish.

A pullback to 1071-1075 should find support, and follow through is critical.  May take a few more days to confirm since the holiday weekend is upon us, and trade will be light, but consider the push up to 1100 the next target.

R2 is 1103, Pivot is 1072 and S1 is 1061.  Trade the extremes!

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About thefront9

Independent trader with a flexible approach to the markets. Position trading, swing trading and day trading using Futures, Equities and Options. This site is intended to help others (and myself) see what I see and to stay true to the discipline of making trades at the extremes. Contrarian and TastyTrade addict! Living in Texas with my family, helping others and maybe playing some golf from time to time makes life busy and great. Add a little music and humor and that just about sums it up. Trade the extremes and manage risk.....always!
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