Preparing ES Emini and MES Micros Traders To Trade In Our S&P Trading Room
Welcome ES MES Futures Traders
Morning Briefing Overview
Welcome to the morning briefing video presented by MicrosTrader.com, where together, we trade better. Good morning, everyone! This week’s featured Bible verse is:
“Don’t worry about anything, but in everything, through prayer and petition with thanksgiving, let your requests be made known to God.”
(Philippians 4:6)
If you’d like to keep this verse close, you can visit MicrosTrader.com under the “52 Verses” section, where you can find an iPhone cover featuring this scripture.
Tip of the Day
Understanding who controls the market and how trades work is critical. Yesterday showcased that beautifully. The trading environment was fun and straightforward, with the bears in control, leading to easy shorts. We’ll discuss today’s setup and expectations shortly.
News Drivers for Today
Today is Tuesday, and we’ll be live on YouTube 10–15 minutes before the market opens. Key events to note:
- PPI (Producer Price Index) this morning.
- CPI (Consumer Price Index) tomorrow.
Tomorrow’s morning briefing will be later, as I’ll live stream it closer to the CPI release. We’ll watch the CPI candle develop together, much like last Friday’s nonfarm payroll event. Be cautious over the next few days:
- CPI today.
- The day before Opex (Options Expiration).
- Opex itself.
Does your trade plan include guidelines for these events? If not, I have a detailed video on my YouTube channel to help.
Yesterday’s Review
Yesterday’s trading session was straightforward:
- Bears controlled the market, making shorts easy.
- Key trades included shorting around 29–30, with a couple of 10-point captures.
- While the risk of short covering was high, ideal long setups were scarce.
Despite the bears’ dominance, some longs could be taken, but I stuck to shorts as that aligned with my trade plan. The day was enjoyable and instructive.
ES Chart Analysis and Scenarios
Yesterday began with a gap down, and today may open with a gap up. Key observations:
- Key Level: The RTH (Regular Trading Hours) high at 5922, which aligns with a significant trend line.
- A potential area of resistance: London High to the 22 area.
With a strong 100-point short covering rally, new trade entries may be sparse until the market retraces and fills liquidity zones (overnight lows, Asia lows).
Trading tip: Focus on the quality of setups rather than chasing every price move. Remember, every move doesn’t require participation.
Closing Thoughts
Today’s PPI and tomorrow’s CPI create a tricky trading environment. Exercise caution, wait for clarity after the PPI, and join us live on YouTube for real-time insights. Stay green, my friends!
For more about our trading group and resources, visit MicrosTrader.com.
MORE INFORMATION:
- Website: https://MicrosTrader.com
- YouTube: https://www.youtube.com/@microstrader
- Free Foundations Course: https://academy.microstrader.com/foundations-dashboard/
ADDITIONAL LINKS:
- Day Traders Blog: Insights and Strategies for Emini/Micro ES MES Trading
- CME Micros Info: Official Details for Emini and Micro Contracts
- CME Trading Simulator: Practice Emini/Micro ES MES Trading
- Community Tab: Updates and Discussions for Emini/Micro Traders
- AM BRIEFING Archive: Daily Insights on Emini/Micro ES MES Trading
- AM Briefing for Micros Scalping System: Key Levels and Strategies
- Emini Trading Room: Technical Analysis and Key Levels
- Rumble Futures Trading Link: Key Levels and Technical Analysis for Emini/Micro Trading
AM Briefing Playlist Archive
