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.

Today, pre-market price action already was showing a little strength with a bounce off weekend lows while price action was consolidating below the prior days low.

With Price action already below the prior days low in pre-market, we were carefully looking for a quality setup after the opening bell with price action above the opening bell.

We get a ES 5 Minute Strategy setup to give us a LONG entry today.

Explanation:

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The initial setup provided a single bar profit target of 2+ points.

If you manage the trade correctly…and waited for the bar to close, there is more profits to capture.

 

Note: You will have access to the commentary details if you purchased the ES 5 Minute Strategy or Membership plans that include it.

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