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Some Notes On MES

Some Notes On MES

Possible PEMA confluence on the daily. Expect either price to crossover or a test with bearish confirmation. Weekly pivot trend analysis says we should be taking shorts more often this week. Today's daily pivots tell me we are slightly bearish but I will look for price to trade in a tighter range throughout this session which may lead to a breakout session on Friday.

Also, note the thick red dotted line is a major POC. If the price is above I am overall bullish and if the price is below I am overall bearish . Taking intraday trades in the direction of this line plus daily sentiment will help.

Please comment if you agree or disagree. Let's chat!

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