ES – inflection points for Jan. 13, 2017

Yesterday’s trades

ESH7 Jan. 12, 2017. 60-minute bars

As usual for the ES most of the price action occurred during the day session.

The price dropped sharply after the open and plowed through Nat’s Buy level, then bounced back to close near the open.

Traders not monitoring the market were likely stopped out; traders actively watching had a reasonable opportunity to profit.

ES – daily trading workbook

Download link: (170113-daily-trading-worksheet-ES.pdf, 255KB)