#ES_F 2.27.23 Day Trading Prep

ที่อัปเดต:
Friday 2.24.23 Review: Globex took out Daily Support and our 3976-71 Key Level for continuation before RTH and that gave us a flush down to our next potential support area, the way we opened it seemed like we could see continuation under that next Support but it was our first test and we didn't have enough to break it even though we were under T2 and Previous Days Lows which is telling us its still very mechanical selling down to our Support areas where we still have buyers without breaking too much structure at the same time.

Monday 2.27.23 Prep: Friday closed right at our 3976-71 area with position below, Globex ran the stops over 3976, held above and we pushed up over Previous Day high into previous Daily Support for distribution. Question today is can this Globex move hold us inside 4025-3976 range and will we have more buying to push us over this Previous Daily Support? Or did we use Globex to make a run to Previous Support, sell what we bought Friday at higher price grab more supply and come back in under 3976-71 to give us a test of our next Daily Support area? We are currently inside T2 range, over Previous Day high with Globex inventory long over the close which tells us there is good chance to see some correction to the inventory and this is where we will see if we can hold and continue higher or accept back in Previous Days Range and maybe go for its low? Key Resistance area today is this Previous Daily Support at 4012-3990 wit all of the Supply above it, if we fail to accept over it or hold within the opens the door for a move lower back to 3976-71 to see if we actually have any Support there from Friday or not. If we do accept and hold over 3976-80 area without failing back under we can stay in this range and see a push towards the upper part of Daily Support and maybe a look above it, we have to remember current move was done in Globex and depending on RTH orders it can come apart pretty quick but we are in a weird market right now so we must watch Key areas for clues for continuation.

Levels to Watch:
Resistance - Key Daily 4012 3990 Key Intraday 4012-08 // 3994-90 Key For Continuation Higher 4025-30
Support - Key Daily 3927 - 3890 Key Intraday 3976-71 // 3957-53 Key For Continuation Lower 3944-40

**** We have some Data at 830, this market hasn't been easy to trade, must be patient and exit at targets unless shows continuation.
บันทึกช่วยจำ
Key area to watch now, can we stay above 4012-08? So far couldn't tag 30-25 Key area for continuation Higher
บันทึกช่วยจำ
Don't forget about next Daily Support area if we cant hold 3990
บันทึกช่วยจำ
Lets see if we get out continuation under 3990 and possibly take out 76-71? IF that happens we target Lower Supports for continuaion.
บันทึกช่วยจำ
94-90 Acting as support holding above that and Previous Day Range will cap our continuation lower and we have sellers over 4012, which tells us we with time we have left we will either hold above this area trade between 4015-3990 and close somewhere above 3980 or make another attempt later on
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