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.
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Economic News: Pre-market Economic news and reports…
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Price action re-opened Sunday afternoon and continued the multiple day mini market cycle phase 2 uptrend with higher highs and higher lows as momentum continued to push price action to new all-time highs. Price action was above the ascending 20MA as it was above the 200MA.
Pre-market conditions continued to show extremely bullish momentum with price action near all-time highs. We took an ultra-aggressive trade LONG based on flag pattern breakout and we captured 2.0+ points.
Mini Market Cycles Analysis
Normally we go for at least $400 profit, but today was extremely choppy market conditions.
Why is $400+ the magic number every day?
Because with discipline and focus every day, you compound your profits and start making $2,000+ every week or $100,000 after 50+ weeks. So every day…follow us and start your journey towards making $400+ every day.