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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Price action re-opened Sunday afternoon and continued to consolidate in a multiple-day extend range near the area of the all-time high. The 20MA has crossed below the 200MA and converging downward as bearish momentum heads in the direction towards the lower boundary of the multiple-day range.
Pre-market conditions continued to show choppy market conditions before the opening bell. After the opening bell, we waited for confirmation of a higher low, above the opening bell. We took an ultra-aggressive trade LONG based on new intraday highs and flag pattern breakout and we captured 2.0+ points.
Mini Market Cycles Analysis
Normally we go for at least $400 profit, but today was extremely choppy market conditions.
Why is $400+ the magic number every day?
Because with discipline and focus every day, you compound your profits and start making $2,000+ every week or $100,000 after 50+ weeks. So every day…follow us and start your journey towards making $400+ every day.