Looks good for a long from 91 to 3700 from here. Odds favour a hold above 88 for today, but a dip much below 88 on the Open would negate that.
I'm thinking a run towards 3700 and maybe even ATHs on the day. But it's a FED day, so you never know. Could roll over as well.
Epic BOT-fight here around the 50 % RTH and Prior Close. Coiling up for a big move higher or ready to roll over?
50%PB by itself is not effective. however, 50%PB with the suitable context can be effective. The context can be used to decide whether to use any 50%PB and which 50% PB should be used if do use one. "So, do you look at the 50 % of all those...? " There are always multiple time frames which can be used to get different numbers or different lines for the same terms such as 50% PB, trendline and swing high/low. Therefore I feel the question is not just for 50%.PB. Thanks.
nice trade. If you were trading 03-21 ES, then there is prob a typo here. The high is 3701.75 in my chart. Or prob you were trading 12-20 ES.