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.
Detail Chart Analysis and Reviews provided in new & improved video format with audio.
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Pre-market Economic news and reports…
Overnight price action provided consolidation heading into the opening bell. With pre-market price action forming a flag pattern, we waited for more evidence after the opening bell and we adapted our analysis for the mini market cycle phase 3 forming on the 5-minute charts. Lots of noise on the 1-minute charts and no clear direction for trying to take any trades. Decided to sit on hands.
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