Homework and Trade Sheet for Monday 5/6

May 06, 2019

SPs 2917.75  2883.50 = Globex range.  Big gap opening – first play should be trade back up into gap area.   Fade the first earl push down for a scalp.  Strong support at 2880.

Markets with best price rejection spikes:  Yen, Bonds, Ten years, Bunds, Copper, Gold, Crude.   Retracements into the tail area provide entry opportunities.

Silver and AD are on a Pinball Sell signal as of the close on Friday.  $ index is on a  pinball Buy.

3 bar triangle breakout setup in SPs and DOW  = moot after overnight gap action.

Overnight Turtle Soup Sell in the Bonds.

RUSSELL TRADING RANGE AND HIGH VOLUME NODE: