ES Journal - 2017/2018

After all this, he we are again at 2349.50

 

With the print of 2354.00 , the door is open here for a return to yesterday's highs.

 

Think so ? Based on the hourly looks to me like we are going to continue down

 

Even did not retrace back to the 50% level of the drop. It's bearish on hourly chart.

 

Right now hourly looks bullish

 

Could be some selling at 57 followed by a bit of pullback and then a renewal of upmove. Not predicting this but it would be my best guess.

 

Sell Limit entered for 2356.75.

 

It just reached the 50% retrace level.

 

Out at 2356.75 for gain of 15.25 pts

 

Nice trade.