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Jul 6, 2018 1:01 PM

ES_F Pullback trade opportunity Short

E-mini S&P 500 FuturesCME

Description

#ES_F has a low risk pullback trade opportunity here. 2745-50 are long term resistances and also upper extensions of long term composites. this has a likelihood to test 2720- 2705 on the downside.

Comment

This trade has triggered and has moved above the expected band. Whats a good stop at this point. There is a HVN @ 2772.50 range , that should be a stop area , this also almost coincides with 76.8% of the retracement.

Comment

This is nearly at the edge.. just about to be taken out

Trade closed: stop reached

Done & dusted. although i still think its not a free ride upside and has limited upside levels from here.
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