The markets are holding the early gains following Friday's weak close. Looking at a 2:30pm study shows the ES finishing much stronger.
Opening Gap Direction - UP
Market Status - Following Friday's weak close, we gapped up this morning and are trading above today's open which is above the 5 day low
Instrument - ES, NQ, YM, RTY
Trading SetUp - Time Based Entry
Market Trend - Up, above 5 day Low, above 200 day Moving Average (200MA)
Trade Type - Long
Entry - 2:30 am ET
Exit - 4:15 pm ET (Market Close)