Click on chart for comments on the ES Market trade. This long set up happened after the lunch period on rumor of the bank news leak (stress test) better than expected.We were able to take advantage of this trade and readjusted the profit target down from 919 to 917 exit on the second contract. All in all, a very nice setup and trade today. The spike reversal came at Major Resistance inside a trading range.
This trade earned $600 on every 2 contracts traded today.
Good Trades,
David AKA Tiger
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