E-Mini S&P 500 Futures Detailed Review for Thursday April 08, 2021

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

Charts

Notes

  • Great day to study for the breakout, impulse down, true gap fill (yday’s high) and the lack luster broad market selling on the push down.
  • To note, you do not have to have taken the long I am plotting here. You could easily have waited for the 4067s failure if you considered that to be a higher probability trade with the new information you were getting in real-time. Also, you could have found additional opportunities around the mid-point or the IBH depending on your risk parameters.