ES – inflection points for Mar. 1, 2017

Yesterday’s trades

ESH7 Feb. 28, 2017. 30-minute bars.

Sell: 2375.50-2376.50
Keyline: 2362.50-2365.50
Buy: 2355.50-2356.50

Overnight traders did not take much profit from the ES yesterday.

The price didn’t drop decisively through Nat;s keyline until late in the Globex session, and then stopped short — by less than two points — above her Buy level.

Overnight traders who exited early — those using a trailing stop, for example — made a small profit. Those who waited for the sell level saw that small profit disappear as the market bounced back up to and through the Keyline for the close.

Subscribers to the trade room had a reasonable entry at the low of the day, and saw a good profit if they held to the close.

Today’s workbook

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