E-Mini S&P 500 Futures Pre-Market Breakdown for Thursday April 01, 2021
Today’s E-Mini S&P 500 futures (CME: ES, MES) pre-market analysis.
Trade ideas I am looking for today (not investment advice)
Not interested in long flip of initial key resistance. Too much risk on the long side up here.
- Long initial key support / the 3956s if I see selling drying up. Likely to be a deeper test.
- Higher probability: Short on failed poke above initial key resistance for strong push down.
- Short flip of the 3976s if strong selling pushes below here. Don't want to flip this on a balancing market. Watch TICK to be sustained below 0. Unlikely to be a deep test if TICK is sustained to downside.