Five5Alpha

ES 11-12-2020 Premarket prep

CME_MINI:ES1!   Hadapan S&P 500 E-mini
Value area is up, structure is very poor and incomplete to the downside (3551,25), Poc is not prominent maybe we need to balance to complete the auction, and yesterday`s price wanted to go higher but it did not have the strenght to do it, Overnight inventory is short and we are opening in range, for that reason, i would like a correction on the overnight inventory at (3573,25), if yesterday`s lows is not repaired i would look for shorts at this price, the other scenario is to complete the auction at 3551,25 get involved at that price to correct overnight inventory

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