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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Pre-market Economic news and reports…
Overnight price action consolidated below the pre-market mini market cycle phase 3. Once the markets open, price action continued to show consolidation around the opening bell. Watching our 1-minute charts, price action showed no direction while oscillating around the opening bell and trying to break below the lower boundary of support by probing multiple times. We noticed the tight intra-day range and decided to sit on hands.
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