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 had give up a strong sign of trending downward in pre-market from international economic news and the markets reacted negatively.

With Price action already below the prior days low in pre-market, we were looking for a quality setup to take a quick trade and profits without risking our great gains for the week.

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

Explanation:

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The initial setup provided a profit target of 2+ points (but with a bigger position size, i.e., more profits).

If you manage the trade correctly…there is more profits to capture.

2016-09-09_6-56-02

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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