Buyers Advantage But Pullbacks Possible - ES NQ Futures - The Pit Futures Trading

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ES and NQ above their 20 daily moving averages and the daily Bollinger Bands opening up tells me to expect some range. However, that range does not have to be up at first. Sellers getting a discount up here and buyers paying a premium. Tells me Buyers may let this thing down a touch before breaking ES 3820 and NQ 1500. However, pullbacks on heavy volume may mean the dip is deeper than say value low from yesterday. There is an imbalance to the high side on the ES and NQ and once we go bid above I think 12000 NQ and 3905 ES will be tested.

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