New Highs for the ES and NQ will not likely carry to the close

08/12/2020 02:36 PM - By Brian Casto
Historically, this bullish price action has not led to strong bullish action into the close.

Day - Wednesday

Opening Gap Direction - Up

Market Status - From the morning Gap Up, the ES and NQ have pushed to new highs, not mirrored with the YM and RTY

Instrument - ES, RTY, NQ, YM

Trading SetUp - Time Based Entry

Market Trend - New Highs Continue

Trade Type - Long

Entry - 3:00 pm ET

Exit - 4:15 pm ET (Market Close)

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Brian Casto