08/13 SPY ATR Levels and Range When comparing my values to @MapleStax for the day I am again more confident having a valued and experienced point of view.
One thing is the ATR seems to be slowing down now, not as aggressive and not moving up with force at 7.12$
PPI was today, looks tight causing some Premarket commotion
CPI tomorrow eager and waiting.
(MapleStax Notes)
LONGS: Aiming to defend the PML 533.29 (The low Scalp level at SS1 533.30)
in order to push above the PMH 537. (The Scalp SPOP range at 537.01)
Over this they target
537.45 (SR1 on the Scalp side 537.93)
->538.53 (SR2 on the scalp side 538.86)
->539.42 (POP on the Standard range of 539.64)
->540.23 (between POP and R1 on the Standard range of 541.78)
SCALP Longs
SR2 538.86
SR1 537.93
SPOP 537.01
LAST PRICE 536.08
Standard Longs
R2 545.34
R1 541.78
POP 539.64
LAST PRICE 536.08
(MapleStax Notes)
SHORTS: Aiming to defend the PMH 537 (The Scalp SPOP range at 537.01)
in order to push below the PDH 535.73. (Below the SBREAK on Scalp side 535.15)
Below this they target PML 533.29-> (The SS2 range at 533.30)
1h 200EMA 532.5 (Below the BREAK on Standard range at 532.55)
->PDL 530.93 (Below The SS1 and SS2 range at 529.74/527.87)
SCALP Shorts
LAST PRICE 536.08
SBREAK 535.15
SS1 534.23
SS2 533.30
Standard Shorts
LAST PRICE 536.08
BREAK 532.55
S1 529.74
S2 527.87