Looking to buy SPX at 1005-1007 for scalp.

September 4th, 2009 by tradertony Leave a reply »

We have formed a double bottom on 5 min. chart. Looking for a buy here at SPX 1005-1007.

Stop 7 pts. Target 1015-1017. Will hold till day’s close.

If we fall below 998 – will reverse to shorts.

Posted in Potential Setups, Trade Alert

Tags: spx Trade Alert

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- Trader Tony is a continuation of a project I started ~2 years ago with the idea of developing my trading skills and help others to do the same. I will be sharing my thoughts on different aspects of trading, such as short term price movements, options trading, indicators, Wyckoff Schematics and many more. Enjoy the Trader Tony blog and comment.

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