A good emini trading day after all ..
Hi Everyone. Yesterday we discussed how the S&P broke down below the 1300 level, and eventually bottoming out around 1292. Overnight we rallied above 1300 – to nearly 1311. After the opening bell, the rally continued. We had some great Pullback trade setups – all cancelled. We came into No Zone so we attempted to get with the trend by using our EET setup. We ended up losing 3 ticks. The market ended up going our direction, of course after we stopped out! However the market could not break the high with any conviction. We shorted another EET for 6 ticks. We finished up right at 10 AM with a long EET!!
Pretty good day!!!
Cheers!
ETS