ES – inflection points for Jan. 11, 2017

ESH7 Jan. 10, 2017. 60-minute bars.

Nat’s Keyline provided the entry point for the long trade in the day session, although traders who entered there had to withstand a significant drawdown.

However the price didn’t quite reach her sell level. Traders in her live trade room likely got the exit, and some reversed and caught the move back down to the key line for a very nice two-way trade.

But traders who were not monitoring the market may have used a market-on-close order to exit, for a small profit.

The move from keyline to the high of the day yielded 13 points ($650 per contract).

ES daily worksheet for Jan. 10-11

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