Hello Everyone,
Overnight (into the pre-market) the major indices were bid nicely higher but traders immediately took the opportunity to fade the open that resulted in a choppy session with prices for all indexes fractionally lower. The market was quite oversold but with strong downside momentum it has been a choppy advance off the lows thus far. Level to level trading for me (scalping) with Monday's low now the support pivot. NVDA reports tomorrow after the close then we have Chair Powell on deck early Friday.
ES levels updated in the trading community for tonight.
Matt posted a few new longs (shown on table link) in the trading community after the close. Take time to review.
Please take a moment to look at the trade ideas.
