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.

Pre-Market Analysis:

Detail Chart Analysis and Reviews provided in new & improved video format with audio.

Economic News:

Pre-market Economic news and reports…

 

Explanation:

So we watched our ES 5 Minute Complete rules and Market Cycle Analysis conditions for evidence of setups from Candlestick analysis, chart formations and patterns and price action.

Overnight price action continued to remain strong near the prior day’s high, similar to the last 3 days. All the weight of evidence the last 3 days showed mini market cycle phase 2 uptrend with higher highs and higher lows based on a series of flag patterns. From a birds-eye view on the Daily and Hourly charts, price action is very close to retesting the all-time highs from late July 2017 & August 2017 consolidation area.

For ultra-aggressive traders, there were no good setups to focus on considering all the overlapping price action.

For traders focused on higher quality trading, the markets are extremely choppy so should have sit on hands.

Duration: none

Extra Trades:

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