Sisa87

Bouhmidi-Bands and Overnight Session - Name of the Game

Long
CME_MINI:ES1!   S&P 500 E-mini Futures
The overnight range was the name of the game today. As mentioned earlier, we were looking for a potential break in either direction. After establishing the initial balance, we saw a test of the overnight session low (5019), which was successfully defended. Subsequently, buyers entered the market, leading to a push higher in $ES. This move broke the high of the overnight session (5036), confirming bullish momentum and surpassing the previous day high (5058) & upper #BouhmidiBand, reaching a peak at 1.3s BB (5074). In the last 1.5 hours, ES retraced back within the Bouhmidi-Bands.

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