ES NQ Futures Trading

Quote from mTrader09:

sell short NQU9 @ market (1460.25)


buy stop @ 1466

close at market (1455.50)



of course you CANCEL all stop exit orders when open position is closed

looking to short CLQ9 and SPY and

scalp NQU9 long or short
 
Market has an upward bias today led by Financials. NASDAQ is surprisingly weaker.

This bounce could stall at about SPX 920/23. However, if this is taken out then SPX will rally until next target at 940/42 and recent highs above 950.


We are looking at test of SPX 920/23 then resumption of down move to first target at 880.

Markets are likely to be very choppy for next two days, until triple witching expiration Friday 4 pm close.
 
An important test of the SPX 920/23 zone of resistance today - will it break above or fail again, as it did yesterday?

Option Exp today

One likely intraday scenario is high at SPX 923/25 then drop to below SPX 910, and up again --- chop chop chop for rest of day, finishing almost flat
 
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