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.
Detail Chart Analysis and Reviews provided in new & improved video format with audio.
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Pre-market Economic news and reports…
Overnight price action consolidated in the upper 1/3rd of the prior day’s range and began showing strong signs of momentum when it crossed above the prior day’s high in pre-market. Momentum continued on the 5-minute chart with a series of higher highs and higher lows staying above the 20 MA and testing all-time highs. Took pre-market LONG based on flag pattern breakout. Using a trailing stop, closed the trade with 1.0+ point profit.
Duration: 3+ minutes
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