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.

Overnight price action consolidated above opening bell yesterday while establishing the low of the day and then pre-market price action broke below it.

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

Explanation:

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Held the trade extended period of time since we have a breakeven stop.

Price action formed another flag pattern and we exited the trade with 5+ points profit.

Note: You will have access to the commentary details if you purchased the ES 5 Minute Strategy or Membership plans that include it.

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