Overnight Melt Up ES NQ Premarket Trade Plan The Pit Futures Trading
#daytrading #livetrading #stocks #futurestrading
Overnight melt up was the obvious plays from GLOBEX open. No way the market closes and holds the 3rd standard deviation on the hourly chart without some pullback. Not the ES is between 4000 and 3970. Buyers needs to hold 3970 or the Sellers can break back into the lower range. Sellers need to defend 4008.25 or Buyers could walk back yesterday. NQ Buyers need to take out and hold above 12831.25 or they have to defund 775/63 and 727/712 zones. Otherwise we could test and break previous day lows.
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