Trade Rec from 9:35 AM this Morning:
Equity futures were down in the overnight session and still are down overall this morning due to further concerns of the coronavirus. It seemed the worst had passed earlier this week but new reports are now showing further signs of the outbreak as well as the death toll to continue to rise. With that being said, equities have been rallying back this morning and I’m looking for this to be extended towards yesterday’s highs. There was a bullish jobs report this morning and we have more earnings being released later today. I recommend the following:
BUY ESH20 @ 3365.00 or @ Market
SELL STOP @ 3355.00 ($500 risk per contract)
SELL LIMIT @ 3380.00 ($750 profit per contract)
Or trade multiples of the MICRO contract for 1/10th exposure per contract – MESH20.
*Risk/reward are calculated before commissions and fees*
Call me if you need assistance with executing this trade – 312-706-7639.
15 MIN ES – Bullish TAS Navigator + TAS Ratio Flipping Over = BUY. Stop-Loss just under TAS Bottom Box
Updated Chart – 2:25 PM Today
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