FT400 ES/SPX Futures Trading - Setups/Levels

FT400 ES/SPX Futures Trading - Setups/Levels

Thoughts for Thursday 8/24

Eyeing Jackson Hole

Aug 24, 2023
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We had 04 as bull bear and we had short against 12 at close which gave good 20 point flush but got stopped out and tried one more time before 10 pm, generally when tape slows down its best to stay away.

After PMI data we had stayed long against 16 and even though we were out at rip +16 points as needed to step away, I gave setup to stay long against 26 with 52 as target, which it did hit in afternoon.

Econ for tomorrow:

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