PPI Better than Expected.
Still holding in balance for now, this accumulation is building up with 4 days of overlapping value now.
Let’s take a look at our trade plan.
ES Trade Plan
Day Shape: D Shape
Bias: Bearish
Trade Plan: Still holding the overlapping value. As long as the range high and low are maintained and no significant value builds outside then just look for value rotations. Once value builds outside of the high or low then look for the EMAs and 30min high/lows to create a trend.
HOLDING ABOVE 5630 SHOULD LOOK FOR 5687,5771
HOLDING BELOW 5588 SHOULD LOOK FOR 5521,5507
NQ Trade Plan
Day Shape: D Shape
Bias: Bearish
Trade Plan: Still holding the overlapping value. As long as the range high and low are maintained and no significant value builds outside then just look for value rotations. Once value builds outside of the high or low then look for the EMAs and 30min high/lows to create a trend.
HOLDING ABOVE 19723 SHOULD LOOK FOR 20000,20200
HOLDING BELOW 19555 SHOULD LOOK FOR 19340,18972
