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 was showing a little strength with a bounce off weekend lows while price action was consolidating below the prior days low.
With Price action already below the prior days low in pre-market, we were carefully looking for a quality setup after the opening bell with price action above the opening bell.
We get a ES 5 Minute Strategy setup to give us a LONG entry today.
|Sorry, you do not have access to this content.|
The initial setup provided a single bar profit target of 2+ points.
If you manage the trade correctly…and waited for the bar to close, there is more profits to capture.