Trading plan for July 7, 2016

160706-ES-daily

ESU6 July 6, 2016

ES had a gap down at the open, but quickly found support at the daily momentum support line (40ema).

Later it regained control of the broken 20ema support line and triggered a computer buy program after the FOMC minutes were released.

At the end ES closed at 2094, a few points away from 2096.25 the unfilled Tuesday gap.

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