This commentary will focus on the first 60-90 minutes after the Opening Bell. However, our strategies can and will provide setups the entire trading day.

The Easiest Way To prepare for Scalp Trading the ES E-Mini Futures.

Pre-Market Analysis:

Detail Chart Analysis and Reviews provided in new & improved video format with audio.

 

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Economic News:

Pre-market Economic news and reports…

Explanation:

So we watched our ES 5 Minute Complete rules and Market Cycle Analysis conditions for evidence of setups from Candlestick analysis, chart formations and patterns and price action.

Overnight price action consolidated inside the prior day’s range. Markets showing no evidence of trending conditions and choppy in pre-market. However, with momentum in the upper 1/3rd of the prior day’s range, showing some bullish evidence. After the opening bell, markets moved lower but with no healthy flag patterns or retracements. With price action range-bound and upcoming FOMC meetings, we decided to sit on hands. 

Duration: none

Extra Trades:

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