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ES Daily Recap | March 10, 2023
Sellers defended 3935 in both the ON and RTH session, indicating a sustained state of weakness, resulting in an outside week to the downside.
Have a great weekend, everyone!
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Disclaimer: Futures and options trading involves a high level of risk, with the potential for substantial losses. The information provided in this newsletter is for informational purposes only and is not intended to be a trade recommendation. It is the responsibility of the reader to make their own investment decisions and they should seek the advice of a qualified securities professional before making any investments. The owners/authors of this newsletter are not certified as registered financial professionals or investment advisers. Twitter: @smashelito | FAQ: smashelito.com
ES Daily Recap | March 10, 2023
Hi, Smash
Did you see the aggressive sellers absorbed at 3850 this session? The candle showed a positive delta. However, I think today's low is still an unfinished auction given the presence of Ask volume. Could the local bottom go lower?
HAGW King!