ES & NQ Mean Reversion – Premarket Trade Plan – The Pit Futures Trading

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Right now the ES and NQ look to be reverting back to the 20 day mean. We have a legit NQ gap and not a true gap in the ES. Volume is not horrible but dropping. Equities look ok premarket but yields are up and the USDX is up. Anything can happen but I am looking for higher today till the gap is filled and we are accepted back in previous day’s range.

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