Traders —
I hope you had an awesome trading day.
Small losing day after buyers and sellers failed to follow through on both sides.
Let’s recap and plan for the next session.
Recap
Below were our plans coming into the session.
ES
NQ
Below were our levels & how they fared. Inflection levels = bullish biased above & bearish biased below.
ES
NQ
RTH
RTH was a nothing burger, only a small losing day taking an 18 point NQ loss in the morning, followed by a few very small winners and breakeven scratches on NQ. We took a small loss on QQQ calls, which looked quite good all day, but bulls failed to come through until the final minutes of the session and by that time, we bailed on the longs.
Tomorrow is a new day.
Market Structure