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 inside the prior-day’s range with no direction. 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 began building a little momentum to the upside with a little upper boundary of resistance. Similar to last week, the first hour was non-eventful with a tight first-hour range, so decided to sit on hands.
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