ES – inflection points fort Jan. 27, 2017

Yesterday’s trades

ESH7 Jan. 26, 2017. 60-minute bars

Overnight the price moved within a couple of points of Nat’s sell level, (and just two ticks below the magic 2300 level) then dropped to her key line, where it whipsawed back and forth.

Traders who placed orders overnight probably missed the best entry. If they subsequently entered orders in either direction from her Keyline they were most likely stopped out.

 

Daily workbook

Download link: (170127-daily-trading-worksheet-ES.pdf, 255KB)