Range Bound – ES NQ Parabolic On No Volume – The Pit Futures Trading

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ES and NQ inside previous day range and value. RTY has broken range high and has held 1800 overnight. If RTY is weak it would need to break 1800 to get back in the lower range. NQ is weak and Tech is under pressure overnight. ES is riding the upper band on the daily and looks stronger than NQ but if NQ drops then I would look for ES to test 4117.25 where I anticipate Buyers defending. This would likely mean that NQ hold previous day value. Fade extremes till an extreme is broken.

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