Economic reports are overrated. And grossly hyped up like a boxing promotion by the news outlets. Sure they're important, but that's just one variable element in successfully day trading and understanding the market intraday. The market is part art, part science...and you must understand that as a trader If trading were as easy as betting up on good news...and betting down on bad news....everyone would be rich. Trading is not black and white, but a huge amount of gray
ES day range is decaying/dying badly. date - day range (points) 12 May -142 13 May - 91 14 May - 37 Don't trade ES. Trade gold futures instead.
You need more leverage and risks to make real money in the market, along with great timing, understanding and precision to capture the real full move of the day. There is no other way to play the exchange market store casino warehouse trading game,,..,.
I did not like the way the Naz acted into the close albeit up. I'd sell any rip tomorrow. Or tonight if you can withstand a spike.