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, the markets were very aggressive and already trending downward in pre-market from economic news and the markets reacted negatively.

With Price action headed towards the prior days low in pre-market, we get a flag pattern and 3 bar candlestick reversal to give us a SHORT entry today.

Explanation:

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Being patient, the initial setup provided a profit target of 2+ points (but with a bigger position size, i.e., more profits) that was hit after a lower high.

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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