E-Mini S&P500 futures Context Report Review for Thursday September 3, 2020
Recap of the action of the E-Mini S&P500 futures in relation to today’s Context Report.
5 min (24-Hr Session) and 2 min (RTH Session) Chart Review
Key Lessons From Today
- Not every move can be traded. Today’s 100+ point move though looks appealing in hindsight, was quite untradable.
- When price slices through larger timeframe s/r without even a slight bounce and there are no underlying conditions nor structure supporting the move, then it’s time to close your platform and do something else for the day.