ES NQ Bounce Off Support – Premarket Trade Plan – The Pit Futures Trading

#daytrading #livetrading #stocks #futurestrading

ES and NQ so far holding support and with all of the doom and gloom from the 30 yr auction yesterday with Powell coming in and pushing back rate reduction right after it makes sense. However, when everyone is betting on the end of the world as we know it the markets love a good head fake. For me today it boils down to the levels defined last weekend. ES 4351.50 and NQ 15185. As long as Buyers defend these levels I am looking for a round trip back to ES 4400 and NQ 15468.

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