TakeProfitTrader

Morning Ideas May 25, 2022

Short
CME_MINI:ES1!   S&P 500 E-mini Futures
Good morning traders,

Apologies for yesterday's morning ideas coming out without audio.

What I was expecting yesterday was more of a non-trendy day. The difficulty with this market is that it's difficult to look for a back and forth market setup when we whip around intraday. For example, yesterday at 1130 it looked like it was a trend down day, just to turn around and trend higher the rest of the day.

What we are left with today is a market continuing to build out volume in this lower distribution that I discuss in the video. I think you have to continue to give the edge to the sellers here, as the market continues to have trouble holding onto higher prices.