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 consolidated in the middle of the prior days range.

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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Waited most of the morning for a good setup. Finally took a high-risk trade with a small position and after two 1-minute bars and no follow thru, we closed the trade with a small loss of 2 point.

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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