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.

LIVE Detail Chart Analysis and Reviews provided in Inner Circle LIVE Trading Room with digital video and audio.

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

 

Economic News: Pre-market Economic news and reports…

Every Day we use the following Scalp Trading Strategies…

Mastering-the-Market-Cycle2

After testing the pre-market highs yesterday morning, price action found an upper boundary of resistance and continued to retrace below the 20MA during normal trading hours and after-hours. Overnight momentum pushed price action lower with a series of lower highs and lower lows in a mini market cycle phase 4 downtrend as price action crossed below the prior day’s low area. 

Pre-market conditions showed early signs of a flag pattern retracing off the overnight lows heading into the opening bell. 

After the opening bell, price action continued the mini market cycle phase 2 from pre-market. We took an ultra-aggressive trade LONG based on the Opening Bell breakout and we captured 1.0+ points.  

Mini Market Cycles Analysis

Normally we go for at least $400 profit, but today was extremely choppy market conditions.

Why is $400+ the magic number every day?

Because with discipline and focus every day, you compound your profits and start making $2,000+ every week or $100,000 after 50+ weeks. So every day…follow us and start your journey towards making $400+ every day.