ES 2619 area happens to be an S3 support pivot, the overnight low and a price level that has been tested multiple times. It clearly has to be a major line in the sand today.
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Could have been a good day for London/Frankfurt day traders playing the ES. Buy the open for a repeat of the last Tarrif twitter battle and hold until the US market settles down, then short on weakness, close out before the 11:30 New York time end of the day. A nicely profitable day to end the week.
ES VWAP at 2641.25. Price is within 1 deviation, that is the noise range. Would anybody in their right mind be short going into a Fed Chair speech on the state of the economy.
Trades with cats wrote:ES VWAP at 2641.25. Price is within 1 deviation, that is the noise range. Would anybody in their right mind be short going into a Fed Chair speech on the state of the economy.
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mini rebound target. exceeds it then the low might be in for today.
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