Thursday Mar 8 2023 SPY SPX ES Actionable Levels

Chop day where 3971 was defended. Now we sit at key 3992 support level. Read below for actionable levels to trade tomorrow and game plan.

March 08, 2023

In yesterday’s newsletter, I wrote

After several touches of the 3971 level it was fully defended and we bounced back above 3986.

The levels did their job. While we stayed within a 25 pt range, there were multiple tradable moves. One a failed breakdown and a breakout of a level. Above is the 30 min chart. Just play the levels!

Now we sit in AH resting on key 3992 support, what does this all mean and where do we go from here? Read below for my game plan which includes actionable support & resistance levels, outlook for tomorrow’s session and today’s trade recap.

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