ES NQ Premarket Trade Plan - The Pit Trading Group

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Late day rally on the ES and NQ taken back. Once again just seems like a short cover into the end of the day with no follow through from Buyers overnight. Both ES and NQ failed to hold the upper range and are now back inside previous day value areas. NQ 12001 and ES 3905 still key for Buyers if they are going to get out of this lower range which has our low on the year. While the market looks and feels weak I still think it could go either way. No one seems to have control here. Just big players playing in a big range. Good luck.

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