ES opened with a gap down yesterday and before A-period was over already filled it. Once ES broke the IB High it continued its squeeze all the way to May’s monthly high. The globex session has now almost completely erased that entire move as it dropped all the way back to 5 points above yesterdays low. Now we wait for NFP at 8:30 am et.
Let’s take a look at what to watch out for today and today’s key levels.
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