Weakness Overnight Into Support - ES NQ Premarket Trade Plan - The Pit Futures Trading
#daytrading #livetrading #stocks #futurestrading
Gapping lower through the Thursday Friday gap from last week. However, the NQ is right into support at 15219.75 where at the time of me typing this it has bounced. I am a buyer till this is broken but I also cannot short here till the market gives me some MGI to go off of. I know not to initiate shorts in the hole and this is not different. Overnight inventory short from the start and I would expect some sort of correction on the open which may set itself up for a good short to take out the gap and ultimately pull the NQ into 15000 and ES into 4400.
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