Trade Plan, March 12
Daily Plan ES & NQ
Traders,
I hope you all had a great trading session!
In the process of buying the dip after hours… more to come.
Let’s briefly recap and get straight into a plan and levels for Thursday.
Session Recap (ES).
As per our daily plan, 6780 was our pivot for the session. ES buyers defended our 6780 during the overnight session as price printed a low at 6782.75 and bounced ~40 handles. During RTH, 6780 acted like more of a magnet than a pivot until the latter half of the session. When sellers defended the overnight low / our 6780, price rejected for a ~30 handle pullback and even more– a 60+ handle pullback into afterhours. We are currently in the process of buying the dip overnight… not looking too hot as of now but let’s see.
Below is a chart of Wednesday’s session, both Globex and RTH. Our pivot for that session is illustrated by the blue line.
I highly recommend joining the room now as prices are low. Monthly subscription prices will be incrementally raised to eventually return to the normal price ($75/month).
Spooz closed for business at 6780.
Market Structure.