This unique pattern from our bias alerts has historically shown strong results. We should explore both an Intraday Long setup as well as a gap fill one on the ES Futures Index. The win rates are strong. Where we actually open today is key. Watch the video and study the information below.
Opening Gap Direction - Down
Market Status - The ES Futures Index is gapping down with a prior day unfilled up gap showing a potential bullish bias
Instrument - ES
Trading SetUp - Long Intraday Entry & a Gap Fill Trade (Fade the Gap)
Market Trend - Gap Down following a prior close at a 50 day high
Trade Type - Long & Gap Fill with specific Stop
Entry - 9:30 am ET (Market Open)
Exit - 4:15 pm ET (Market Close)