Background

PPI Wednesday Pre Market ES Review | S&P500 E-mini Trade Plan | Sierra Chart

Overnight dip bought yet again into PPI. Anything can and will happen so be nimble BUT overall context is RTY, NQ and ES all weak as explained in video.

As of right now opening in range in value and actually in yesterday’s opening range. This can change with PPI but looking for a test of VAH with potential R at 72.50 / 78.75 and PDH.

Key levels to downside…

PDL / 57.75
ONL / 51.25
LT POC 46.50
36
02.75 / 00

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