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:

LIVE Detail Chart Analysis and Reviews provided in ES LIVE with digital video and audio.

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.

Price action re-opened Sunday afternoon and find some minor support immediately after the open and retraced almost 1/2 of the prior normal trading activity from Friday.  Momentum stalled and rolled over and consolidated around the 20MA and then started to form a series of lowe highs as it retested the previous swing pivot low area. The 20MA continued to converge lower and away from the 200MA heading into the pre-market and opening bell.

Economic News:

Pre-market Economic news and reports…

 

Every Day we use the following Scalp Trading Strategies…

Mastering-the-Market-Cycle2

 

Explanation:

After the opening bell, price action continued the pre-market mini market cycle phase 4 downtrend. We took multiple ultra-aggressive SHORT entries based on new intraday highs. Price action slowly moved lower and we captured 6.0+ point profit in each trade. 

Mini Market Cycles Analysis: