Monday SP500 trading plan
Monday's trading plan:
1. First short @ 2086 to 2088 ES, stop loss 2090ES or SPcash 15min candle closed above Resistance Area. TP1 2066 cash. TP2 2036 cash.
2. If first short stopped out, look for a long scalp to 2098.8 to 2113.8 cash, stop loss 2085 or under Resistance Area.
3. If 2110 touched again and not able to break, short @ 2110ES, stop loss new high(2116), TP 2088.
If plan 1 fills, there will be no plan 2 and 3.
1. First short @ 2086 to 2088 ES, stop loss 2090ES or SPcash 15min candle closed above Resistance Area. TP1 2066 cash. TP2 2036 cash.
2. If first short stopped out, look for a long scalp to 2098.8 to 2113.8 cash, stop loss 2085 or under Resistance Area.
3. If 2110 touched again and not able to break, short @ 2110ES, stop loss new high(2116), TP 2088.
If plan 1 fills, there will be no plan 2 and 3.
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