Yesterday’s trades
ESM7, Mar. 22, 2017. 30-minute bars.
Sell: 2363.50-2365.50
Keyline: 2338.50-2335.50
Buy: 2320.50-2323.50
After a big expansion move yesterday, the ES settled back into a consolidation area today.
The price dropped to Nat’s keyline overnight and held there, then bounced a bit in the day session.
But the bounce stalled at intraday resistance around 2347-48 and fell back slightly for the close. The price never approached Nat’s sell level.
Overnight traders could have realized about $300 per contract with an exit at the close. Trade room subscribers had the opportunity to exit about five points higher, for an additional gain of about $250 per contract.