ES NQ Trade Plan - The Pit Futures Trading
#daytrading #livetrading #stocks #futurestrading
ES and NQ are building volume and value after a significant break higher from a long term range underneath. This is good for Buyers. However, till they take the next leg higher there is always the possibility that the market break lower with little to no structure supporting the recent moves. I would be looking to fade extremes till ES breaks and is accepted above 4304 and NQ above 14661.50. If Sellers can break the previous session lows then we could see a quick move lower as there is nothing beneath to hold this market up. 4290 going to be hard to break away from.
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