TakeProfitTrader

Morning Ideas January 14, 2021

Long
CME_MINI:ES1!   S&P 500 E-mini Futures
Market is moving higher towards value high. I'm watching up here to see if we can accept above this 3810 area, however, i do not expect this to happen today.

Today we see low volume in the overnight session, which tends to favor more mean reversion type of day.

I would look for the market to unpin from this area tomorrow, not today.

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