The ES gave us absolutely nothing to work with today. It opened and rotated through the DTG 04.50 level in a thight 4.75 point range for the first hour; basically ignoring the slightly negative 10am EST ISM report. RG called the DTG 04.50 area as bidirectional and that’s exactly what happened, it started out as resistance early, then after price broke up to the DTG 09 level, the DTG 04.50 level became support on the retest. Unfortunately, we didn’t get any order flow or price patterns to trigger an entry. As noted on the worksheet, the DTG 09 level was to be played either low or high. Price bounced off the low side but blasted through the high side as RG predicted in chat this morning. By the time the final DTG 15 level was reached, it was too late in the day to consider a trade. No example trade today.
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