|E-Mini ES Anchor Chart|
The E-Mini S&P is trading lower this morning, however we can see the short-term trend is sideways. We can see resistance overhead at 1696.75 and support below at 1672.25.
Our day trading plan on the E-Mini S&P is to sell the highs and buy the lows of the trading-range this morning. If we see a breakout we will look for a fake-out-breakout and we will try to avoid trading in the middle of the trading-range.