AI
Monday, February 28, 2022 8:54:17 AM
ES and SPX both finished Friday at resistance, setting up potential jump over today, which obviously did not happen.
ES did find overnight support on back test of down channel. But both are mired in an "open" area.
It is possible that shorter term charts today, 1, 3, 5 min, will develop a tradable scenario. But for me, just wait out the open and early going and see what forms.
This "could be" the ATH down, RTH buy scenario, but not betting on it.
ES:
SPX:
ES did find overnight support on back test of down channel. But both are mired in an "open" area.
It is possible that shorter term charts today, 1, 3, 5 min, will develop a tradable scenario. But for me, just wait out the open and early going and see what forms.
This "could be" the ATH down, RTH buy scenario, but not betting on it.
ES:
SPX:
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