ES – inflection points for Jan. 31, 2017

Yesterday’s trades

ESH7 Jan. 30, 2017. 60-minute bars.

Not a good day for ES traders. The price stopped 3 ticks below Nat’s keyline in overnight trading, then dropped straight through her 1st and 2nd buy levels.

The only trade for those entering overnight was a long entry at the 1st buy level which was stopped out.

Intraday traders has better opportunities but the strength of the move left most of them scrambling.

Today’s workbook

Download link: (170131-daily-trading-worksheet-ES.pdf, 255KB)