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 continued to stay in the lower 1/3rd of the prior day’s huge momentum move lower.

Pre-Market Price action starting to show a slight rally off the lows.

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

Explanation:

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No direction so we decided to sit on hands in front of economic announcements.

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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