It was a wild day. ES broke both over night high and low. After it broke yesterday's high for a few ticks before lunch I thought it was an up day. However, the selling started slowly until yesterday's open was crossed. My first S line was hit over night, my 2nd and 3rd S lines both reacted with a strong bounce. It finally reached Fib 78 RT within 1 point of my 3rd S line and a 20 point push back. Now the daily up trend and last balance area held. A new daily up channel formed. Today's candle looks like a bullish engulfing but it closed at yesterday's closing and still below yesterday' candle body. ES formed a doji with over night data. We may have a attempt of pushing lower but today's rejection was fairly strong. In waiting for Friday's job report I guess it is more than likely a balanced day tomorrow and we had a thorough action of 22 points.
I added two ES positions on today's push down. ES 1770 put in my IB holding reached my stop point of $6 briefly but quickly moved away. I had a exit stop loss order ready and prepared to enter a new order further out. That is a progress. I may exit it out tomorrow with a small profit just in case Friday's report drops the market. ZB is a little shaky too. I missed a further out entry by a tick. It's only 2 days from expiration but still not decaying at all.
All eyes are on Friday's job report. I will play defense until then.
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