What are the buyers thinking today?

11/04/2020 01:58 PM - By Matt Ratliff
The markets are pushing higher with sizable intraday ranges, let's see what that has led to historically.

Day - Wednesday

Opening Gap Direction - Up

Market Status - Day after US President Election and we are seeing sizable range higher

Instrument - ES, RTY, NQ, YM

Trading SetUp - Time Based Entry

Market Trend - Weak Bull

Trade Type - Long

Entry - 2:00 pm ET

Exit - 4:15 pm ET (Market Close)



Note:  Most tests/studies are done going long using Future Indices.  This is done for several reasons; so you can easily compare different studies/tests, and because of the high correlation of these Indices to other instruments.  Make your comments and ask your questions below. 


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Matt Ratliff