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 was showing strong momentum and evidence of trending towards the prior days high a second day in a row.
With Price action also consolidating near the upper 1/3rd of the prior day high, we watched our ES 5 Minute Complete rules and Market Cycle Analysis conditions for a LONG setup in relationship to the opening bell.
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NO trades today because of the uncertainty and choppy markets!