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ES NQ Futures Premarket Trade Plan - The Pit Futures Trading
#daytrading #livetrading #stocks #futurestrading
ES and NQ both broke balance into the close on Friday. RTY not as weak and held its range. Looking at the hourly and daily charts I am expecting some rally before the next sell moment unless Sellers can really step on the gas. Know this... Sellers are in an area where short timeframe is not going to get it done. Larger players that want out and could care less about value need to step in here or they will wait for a rally to start unloading. Ask yourself this... does "smart money" sell the lows or wait for a better price to sell? Of course a catalyst can bring immediate sell but not sure we have any of that at the open tonight. Oh and an emergency Fed meeting tomorrow.... interesting!
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FAQ
1. My Futures Day Trading Strategy: https://youtube.com/playlist?list=PLJ8l1CDNsHhVFqgH_wyAU5c3xHSrKNn2A
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