Opening Play for Tuesday 4/15

4-14-2014 11-28-40 PM

Good Morning Traders!

V spike in the later afternoon filled  vacuum to the upside.  The 120 minute time frame in the chart above shows the U turn potential:  The Russell made a lower  low while other indexes made a higher low. A trade back up into the prior range would indicate a bear trap.  In the meantime, 1828, and then 1830.75 are the two main pivots to the upside!

 

 

Tradesheet from snagit