Jleal5alpha

ES 01-13-2021 Premarket prep

Long
CME_MINI:ES1!   S&P 500 E-mini Futures
We are in a three day balance, and yesterday´s structure is completed and the excess low is more prominent than the excess high, 3799.5 is a poor high that yesterday´s structure left us, for that reason i would like to take longs rather than shorts at 3785.5 ( Yesterday´s Pullback low) to repair 3799.5.
An other key level is yesterday´s low because this price is where things can change, so below 3768 we are gonna find a lot stop loss orders so any price below this level can hurt a lot of accounts

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.