ES – inflection points for Feb. 27, 2017

Friday’s trades

ES H7`Feb. 24, 2017. 30-minute bars.

Sell: 2372.50-2371.50
Keyline: 2362.50-2363.75
Buy: 2352.50-2353.75

A nice simple trade in the ES Friday for overnight traders.

The price dropped down through Nat’s buy level before the day session open, then reversed and marched straight back to the Keyline in the afternoon.

The trade returned about $450 oer contract, with a maximum drawdown of about $150 for a risk/reward ration of about 3:1.

Monday’s workbook