Holy Smoky, it has been 16 months since I first posted this strategy: Futures at cash close were 802, currently 816, that is money made while you were sleeping...
RTH Only R1 832.75 PP 815 S1 789.5 S2 771.75 S3 746.25 It is now clear that we have clear funds unloading action yesterday after I had a chance to review the tick data across the components. If that continues today, the drop will accelerate.
best advice to newbies pre-market...never trade overnight .....trade intraday only.......when you get pro level in about 5 years position trade...
Not just yet, currently 818+... (It is time based, not level based.) Also, we usually reach the overnight high, which was 818...
NO ONE knows the future. You analyze price action, trying to figure out which key levels price is more likely to test; and then place your bets, trying not to cut off profits if you are right, and trying to cut losses if you are wrong.