Today was quite tricky. I got long just after news on the pullback to 48.50 CLVN. I got a quick 2 pts and was out. That was my only trade in the US morning. There was a good long setup as ES pulled back to the open but NQ made a lower low so I skipped that one.
Then after dinner I saw ES pull back into a support zone around 57 and I guess I was a bit early as it went against me but I was able to get out on the last move up. Right idea, wrong timing. My life’s story! 😉
Overall a good day. Here are the combined results of yesterday & today:
Yesterday I wrote
My main idea is for ES to return to 1163.50
That happened while during dinner time. I didn’t expect such a huge drop but that’s holiday trading for you. Now that we touched 63.50 I’m not sure what will happen next. If we hold 48.50 then I think we rotate higher. If 48.50 drops then we head lower.