Strong day yesterday, above R3 Pivot Pt.

11/21/2023 08:07 AM By Matt Ratliff

The market started the week bullish, let's see if that pattern has continued into Tuesdays.

‚ÄčThis is the last DailyiQ for this holiday week.  Happy Thanksgiving

Day - Tuesday

Opening Gap Direction - Down

Instrument - ES, NQ, YM, RTY

Trading SetUp - Long

Trade Type - Intraday Entry

Entry - 9:30 am ET (Market Open)

Exit - 4:15 pm ET (Market Close)

Note:  Most tests/studies here are done going long using Future Indices.  This is done for several reasons; so you can easily compare different studies/tests, and because of the high correlation of these Indices to other instruments. The Daily IQ is typically an End of Day analysis without stops/targets.  You can use our Discover app to test/study other potential trades with numerous stop/target values.  You can make comments below.

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Matt Ratliff