FT400 ES/SPX Futures Trading - Setups/Levels

FT400 ES/SPX Futures Trading - Setups/Levels

Levels & thoughts for 3/1 Wednesday

Chop continues

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ft400
Mar 01, 2023
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ES followed script as outlined on yesterday’s post. Giving short opportunities during globex and RTH session. We have been short below 90 most of the day, scalping points and then shorted against 98 after 2 pm that gave 30+ point points.

Econ Tomorrow:

Wed 09:45 EST Manufacturing PMI (Feb)

Wed 10:00 EST ISM Manufacturing PMI (Feb)

I suggest to not trade night session from 10 pm to 2 am chop. If action has to happen than it will happen before 10 pm or after 2 am EST. You can generally play edges to short and go long after 2 am. But get out of the way if it rips thru edges and wait for new opportunity or flip. And of course never add to loser and better yet cut it and reset.

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