Trading plan for Mar. 1, 2016

160229-ES-daily

ESH6 Feb. 29, 2016. Daily chart

ES closed at 1929.50 with a tiny loss for February. It formed a long doji candle for the month with yesterday’s closing.

There is a chance to repeat yesterday’s high today. This is the first day of March. The ES could go back up to yesterday’s high area for testing first before it drops back down again.

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