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.
LIVE Detail Chart Analysis and Reviews provided in Inner Circle LIVE Trading Room with digital video and audio.
Economic News: Pre-market Economic news and reports…
Every Day we use the following Scalp Trading Strategies…
Price action found minor support shortly after the closing bell and retraced mid-way back above the 20MA and inside the prior day’s range before finding minor resistance and crossing back below the 20MA in the early morning. The momentum continued to push price action lower crossing below the prior day’s low and continuing the mini market cycle phase 4 downtrend with a series of flag patterns and lower highs and lower lows heading into the opening bell.
After the opening bell, bearish momentum continued to push price action lower in a bearish downtrend with lower highs and lower lows.
We initially took multiple ultra-aggressive trades SHORT based on new intraday lows and the multiple flag pattern breakdowns and we captured 2.0+ points profit.
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.