Bullish bias:If there is a failed breakdown at 3985 target 4000If there is a failed breakdown at 3965 target 3980 then 4000If there is a failed breakdown at 3945-40 target 3960 then 3975I would be cautious of any longs above 4015, max 4030 - IF we were to even get there - the R/R is high risk and not worth itBearish bias:Below 4005 target 3985If there is a failed breakout above 4005 or 4015-20 target 3985I would only take this trade if it were to happen in the first hour of tradingIf there is a breakdown of 3980 target 3965 then 3945
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2/24 SPX, SPY, ES Trade Plan
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Bullish bias:If there is a failed breakdown at 3985 target 4000If there is a failed breakdown at 3965 target 3980 then 4000If there is a failed breakdown at 3945-40 target 3960 then 3975I would be cautious of any longs above 4015, max 4030 - IF we were to even get there - the R/R is high risk and not worth itBearish bias:Below 4005 target 3985If there is a failed breakout above 4005 or 4015-20 target 3985I would only take this trade if it were to happen in the first hour of tradingIf there is a breakdown of 3980 target 3965 then 3945