PPI FOMC Minutes - ES NQ Premarket Trade Plan - The Pit Futures Trading

1 year ago

#daytrading #livetrading #stocks #futurestrading

RTY holding 1691 and ES holding low of range. NQ grinding higher overnight. Massive high volume nodes overhead. PPI news on deck and FOMC minutes later today. CPI and Retail Sales tomorrow and Friday. When we break this range, high or low, it should move and move fast. ES above 3628.50 should see 52 and then 81 and probably 3700. NQ above previous day high could see 11330. However, if they break lower then we could see mid to low 3500s on the ES and NQ could make the move into the low 10000s. Going to be interesting for sure.

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