A quiet session after sustained highs doesn't drive a strong bias today with Futures Indices

08/05/2020 02:53 PM - By Brian Casto
Let's test if there is a bias into the close after this quiet session that is unfolding.

Opening Gap Direction - Gap Up

Market Status - After a morning up gap the Future Indices market has been a bit quiet with some consolidation

Instrument - ES, RTY, NQ, YM

Trading SetUp - Long Time Based Entry above 10 Day High and 5 Day ATR

Market Trend - Indices continue to rise above the past 10 day highest high

Trade Type - Long

Entry - 3:00 pm ET 

Exit - 4:15 pm ET (Market Close)

Brian Casto