Trading Plan for Dec-10-2019


Big Picture SPY:




Beta: 1.93

ATR: 1.23

R.Vol: 10.38

Avg. Vol: 792.08k

Short Float: 12.77%

Long Resistance: 20.30 – 20.90

Long Support: 18.60 – 18.90

Closest Support: 19.30

Trading Plan:


Price holding above Anchored Vwap and Vwap.

Buyers are in control.

If holding vwap and breaks R1: 20.20 and holds it´s a buy.

Yesterday, At the close sellers tried to take over, but they couldn´t price hold at 19.30. (Long red candle with volume but the price held above vwap.)

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