The E-mini S&P has been rallying due to the announcement from Bernanke this week. Levels are holding as expected. There is a preference for the long-side intraday with an interday bias as well.

In today's pre-market prep video, we will take a look at the ES and the NQ markets. In the S&P market, we have seen consolidation over the past few days as this market seems unable to move any higher. We are at a key level here as the market seems due a pullback, but there does not seem to be any strong momentum to the downside currently either.

The E-Mini S&P has continued to look strong over the past week and was able to move above the resistance area that we laid out for yesterdays trading. With the strength that this market has been showing recently, we would be surprised to see a pullback in the market during the short term.

In today's pre-market prep video, we will take a look at the ES and the NQ markets. In the Nasdaq market, we can see that it has reached the highs that we discussed in last weeks video. If the market is able to push up past these previous highs, we will be into relatively uncharted territory in this market.

We have been seeing a recent up auction in the Emini S&P which will need to continue holding support areas. News in Europe coming out today could have a substantial impact as to whether or not this market can continue its recent uptrend. We will be paying close attention to where the market holds over early market trading.

Before you begin to trade using the auction market theory and market profile, it is important to clearly understand the various day types and traders can potentially expect in each situation.

In today's pre-market prep video, we will take a look at the ES and the NQ markets. The Nasdaq market has been playing catch up over the past week of trading as it looks to move upwards while the S&P is consolidating. There is not much above the Nasdaq currently so if we are to see a continued trend, it may push up towards its previous highs from back in October.

The trading range in the E-Mini S&P yesterday was greater than what we had previously seen the day before. However, the market was unable to sustain moves upward or downwards as both were rejected by the market and we closed back within the previous range in the market.

In today's pre-market prep video, we will take a look at the ES market. The previous four days had seen this market trying to get down to a lower balance area after having broken the previous trading range. In early trading today, we have seen this market gap up and move higher which could be a sign of the rejection of this lower area.

In overnight trading on Wednesday, we saw the E-Mini S&P market come down to the support level we determined and then quickly shoot upwards. This market seems to be finding strength heading into the holiday season and we feel it will continue to rally barring any substantial negative news.