ES 09282020 premarket prep
Do you remember Monday´s range extension? (3335,75), Do you remember Wendnesday´s range extension? (3287,75), i hope you do because
today´s gap is repairing those poor and weak points, eventhough, friday´s structure is poor at 3243, and also we are opening in a 1% gap up, i am neutral because of the energy spend friday´s and overnight, if the momentun is strong i would be with the trend a good support would be 3310-3312, and the scenario that i expected is a range holding the gap ( sfew chances to trade), and the last one would be price going back to 3300 area
today´s gap is repairing those poor and weak points, eventhough, friday´s structure is poor at 3243, and also we are opening in a 1% gap up, i am neutral because of the energy spend friday´s and overnight, if the momentun is strong i would be with the trend a good support would be 3310-3312, and the scenario that i expected is a range holding the gap ( sfew chances to trade), and the last one would be price going back to 3300 area
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.