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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Overnight price action continued to move higher after yesterday’s late day rally. The momentum continued with price action oscillating around the 20MA and crossing above the prior day’s high area heading into pre-market and the opening bell.
After the opening bell, price action continued the mini market cycle phase 4 downtrend and moved below the opening bell with bearish momentum.
We took an ultra-aggressive trade SHORT based on the flag pattern breakdown and new intraday lows 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.