Busy Tuesday Morning Briefing
Welcome to our morning briefing. Here we are reviewing short term setups ahead of the NYSE opening bell. If you are a scalper or swing trader then these setups may be of interest to you. As usual keep in mind that these are short term setups although they could be used as early entries for more longer term positions.
It seems ES 2040 is now established as a short term support zone and we should use it if there’s a retest today. Thor actually went long the NQ this morning and although I’m a bit worried about the small candle range (stop below yesterday’s low at 4201.25) it’s looking okay right now.
We have a ton of futures setups this morning – AUD/JPY is our only one in forex. Frankly I love this one as it has excellent context on the daily panel. Long here above the NLBL with a stop below 92.4, or below 92.2 if you want to play it more conservatively.
On to the futures – platinum looks like a good short here with a stop above 1220. Above it I want to be long with a stop below 1217.
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You have been briefed – now have fun but keep it frosty. See you guys later this afternoon.