Yesterday’s trades
ESH7 Mar. 1m 2017. 30-minute bars.
Sell: 2375.50-2374.50
Keyline: 2362.50-2364.50
Buy: 2351.50-2352.50
After starting the week with virtually no movement, the ES exploded to a new all time high Wednesday, sparked by the positive reaction to President Trump’s speech to Congress Tuesday night.
The market blew through both of Nat’s sell levels. Overnight traders who got long at the keyline and exited at the first sell level made about $475 per cpntract.
Trade room subscribers who went short at either of Nat’s selling levels during the day session got stopped out.