Yesterday’s trades
ESM7. Apr. 11, 2017. 30-minute bars.
Sell: 2368.50-2367.50
Keyline: 2354.50-2355.50
Buy: 2343.50-2342.50
The ES drifted lower from the prior day’s close in overnight trading and found temporary support around the 2350 level.
But it started breaking down before the day session open, and dropped sharply right through Nat’s 1st buy level.
The decline halted at her second buy level and promptly reversed back up, recovering almost all of the loss.The session closed near the high of the day.
Traders who identified the entry at the 2nd buy level and held the position for the close of the market had a potential profit of about $$750 per contract.