ES 09222020 Post-Market
Aggiornato
Price stayed between premarket´s range (3256-3289) how we mentioned in the premarket prep this morning, at least for us, we did not take positions because trading the range is not our style, but after mid day, we could see a nice buying tail in the low of the session 3259, the pullback at 3270 also had a really good excess, for that reason the chances to take out the high were really high.
Remember, price has two phases, first one , balance ( where price builds energy) and imbalance ( the break of the range), for that reason the end of the session had this big move.
Today´s high is a very important level, if price could break this 3309,5, our final target would be 3333 ( level that we have been talking about since yesterday´s pre market prep because we think the selling from this point was emotional trading).
Remember, price has two phases, first one , balance ( where price builds energy) and imbalance ( the break of the range), for that reason the end of the session had this big move.
Today´s high is a very important level, if price could break this 3309,5, our final target would be 3333 ( level that we have been talking about since yesterday´s pre market prep because we think the selling from this point was emotional trading).
Nota
Offer level reached at 3320.
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