Bund is opening in yesterday’s range without much of a drive so OAIR open type. OTF not yet present. We’re very close to the composite VPOC so I want to avoid trading there as it’ll probably rotate there. So my plan is to short the CLVN above it and go long the CLVN below it. If I see a strong move I’ll just look for a pullback.
Here’s a zoom of the open showing how we’re balanced in yday range:
Yesterday on ES I faded a strong move up making a new intraday high. That’s not in my plan and I’m going to be vigilant about that today. Looking for “one good trade”.
Good luck today.