ES – inflection points for Mar. 16, 2017

Yesterday’s trades

Sell: 2373.50-2372.50
Keyline: 2362.50-2364.00
Buy: 2355.00-2356.50

The ES roared higher after the Fed interest rate announcement and held the gain in the early overnight session.

The price traded just above Nat’s keyline in the overnight session, with plenty of opportunity for overnight traders to get long.

The spike in the day session carried well past Nat’s sell level, for a move worth about $500 per contract.

Subscribers to the trade room who stayed in the trade had the possibility of making another $700 per contract after the price broke Nat’s first sell level.

Today’s workbook

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