Market Analysis for Jun 8th, 2021


Also, not an environment to get complacent given the historical weak seasonality of mid June - end of June for S&P 500, keep this as a friendly reminder

Overall, risk vs reward is just not as great in ES right now when compared to its siblings such as NQ+RTY. Need patience!

ES liquidity is crappy and it feels like it's July-August right now (summer dull months)...slowwwww and volume drying up 

Ricky Wen is an analyst at ElliottWaveTrader.net, where he writes a nightly market column and hosts the ES Trade Alerts premium subscription service.