TakeProfitTrader

Morning Ideas December 8, 2021

Long
CME_MINI:ES1!   S&P 500 E-mini Futures
GOod mornign traders,

we had a really strong day yesterday as the buyers were back in after some covid fears subsiding.

This puts us up against a pretty strong resistance area at 4700, but that doesn't mean it can't break.

I feel like today is more of a balance day with a slight upward skew, as these strong momentum days have the tendency to continue, rather than reverse.

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