ES – Inflection points for Feb. 14, 2017

Yesterday’s trades

ESH7 Feb. 13, 2017. 30-minute bars.

1st Sell Level: 2318.50-2316.50
Keyline: 2299.50-2301.00
Buy level: 2292.50-2290.50

There was a range expansion move in the ES yesterday, and the price blew through both Nat’s first and second sell levels.

Traders entering short at the sell level (as we did) were stopped out as the market made a strong rally.

Today’s workbook

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