Monday Pre Market 05172021

https://www.youtube.com/watch?v=u5AZgoD-Mi0

Friday no Sellers anywhere so we just slow grind straight up. Overnight seems to have simply walked it back. NQ under its 50 DMA. RTY in balance but under its 20/50 DMA. Looking for a walk back of short overnight inventory and then pick a side of 4150. Overall Short Biased till we get accepted over 4181.50.

Trading Futures, Options on Futures, Options, Equities, Cryptocurrency and Retail Off-Exchange Foreign Currency Transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment.

#PitFuturesTrading
#SierraChart
#Footprint
#TimeandSales
#VolumeProfile
#MarketProfile
#EminiSP500Futures

For more information visit: https://thepitfuturestrading.com