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.
Price action reopened Sunday afternoon and continued to show strong upwards momentum that continued from the previous week. Momentum crossed above Friday’s intraday highs and maintained oscillating around the 20MA as it converged higher and continued above the 200MA. The previous upper boundary of resistance being tested heading into pre-market and the opening bell.
Pre-market Economic news and reports…
Every Day we use the following Scalp Trading Strategies…
Using our pre-market analysis, price action continued the uptrend after the opening bell, and we took an aggressive LONG entry based on price action breaking new intraday highs. We captured 2.0+ points profits multiple times.
Mini Market Cycles Analysis: