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Jleal5alpha
Sep 16, 2020 12:10 PM

ES 09162020 Premarket session  Long

E-mini S&P 500 FuturesCME

Description

After the prior poor high repaired at 3409, we are opening in a similar scenario as yesterday premarket, the only thing that change is the previous POC tend to be higher.
If we hold between the area of previous POC ( 3403,75) and previous high ( 3409) we can look for the 3421-3439 level.
If you want to look for shorts i won´t recommend because the POC is higher but you can try to look for shorts between 3408-3404 and 3397 as a final target.
If we sell off in the beginning of the session, the first place to look for longs again would be 3384,5 and it is possible to make an inside day today.
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