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ES 4580 NQ 20 Day SMA Critical Support Levels – Premarket Trade Plan – The Pit Futures Trading

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ES 4580 needs to hold or I think we could see another test if 4565 which has been a solid level the past few days. NQ 20 Day SMA has been finding buyers. Right now volume is below average and we are at the hourly mid so a good morning to sit on hands and let the market come to us. The Dollar is strong and treasury yields are up but coming down a touch so for Risk On or Risk Off we need to see something give here.

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