ES numbers are 8 points less than the SPX500 numbers on the chart.
overnight is in balance in range. so looking for a break higher or lower and that break depending on how much energy it gets will tell a big part of the tail going forward. I will be looking for impulsive moves in the direction of the intra days trend and then getting on the retrace as my signals give me the all clear.
Not a lot of detail today but that is what happens in a balancing zone, we have to wait for the next move.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.