It's a series game, you can't stop at the first strike. Over the long run...positive/negative expectancy quantifies the edge...period
And even further back from Jan 17. ----2622 so far appears to be an strong area of previous resistance and hopefully now support---
Initial hold has occurred at both 2622(longer term) and 2632 (intraday). Staying long for now. We need to get 2636 and 2639 cleared shortly.
We currently have a cash gap on either side of Fri Jan 25th's activity. The idea behind my trade is to at least hit 2658 today and close both sides of this gap.
Sadly, ESfocus will now be placed on a one week cone of silence due to repeated obfuscation and negativity.
The 2636 test of intraday support is in the works now. We are above and looking for buying to strengthen this area.