E-Mini S&P 500 Futures Detailed Review for Tuesday March 09, 2021

Today’s E-Mini S&P 500 futures (CME: ES, MES) detailed review.

Charts

Notes

Not much to add to today's review. There was only a single trading opportunity that I saw that made any sense. The open balance and then breakout above was not a high probability long trade due to a) not being planned for and b) being right below initial key resistance. Initial key resistance fade should have been avoided given the strength of buyers into the zone according to the scenarios. The flip of initial key resistance was clear and easy for a push up to resistance above. The target was the 3912s zone, but buyers just weren't very active today. The end of day liquidation break really could not have been anticipated given the scenarios.