FT400 ES/SPX Futures Trading - Setups/Levels

FT400 ES/SPX Futures Trading - Setups/Levels

Thoughts for Wednesday 7/12

CPI and Beige book

Jul 12, 2023
∙ Paid
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Hello traders, This is what I posted in Globex. This gave good opportunities to long against 42 for those who trades globex. We tried long at RTH open and then flipped short against 52 that could not break our level 42 again. Short gave us few points. We moved to no trade area from 46 to 56 afterwards to avoid chop. We tried long once 56 broke to upside but market sold off against our fire level 66. This kept us pretty much outside the market rest of the day as it stayed mostly inside our no trade area other than last half an hour ramp up.

Econ Tomorrow:

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