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Balance Leads to Imbalance ES NQ Premarket Trade Plan The Pit Futures Trading
#daytrading #livetrading #stocks #futurestrading
ES, NQ and RTY all look horribly weak on the daily. However, these markets do not tend to live this oversold for very long and even if we are in sell the rally mode we are going to need a rally to sell. Balanced overnight conditions could lead to more balance but unless the yearly lows are not taken out quick I think we could rally today and look to break those levels later this week. Right now balance rules in play. Fade extremes till balance is broken. Good luck.
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