It's the fourth down day now. ES had the same pattern as yesterday: attempts of pushing higher were nocked on head. It got sold off at closing again. The day for ES was unchanged. It looks like that at least Fib 61.8% of 1766 area is in play. If that's the case then I have to exit out my 1750 position.
I exited out my 1765 scalp for this week overnight with a small profit. I have all winners this week with full or partial profit. Of course the goal is not been 100% but manage my risk. In this regard I didn't do very well this week. I was not very patience last week and early this week when market was very slow. I kind forced in couple positions, such as 1765 for this week and 1750, 1740 for next week. Get to keep in mind that market goes circles, volatility goes from compression to expansion.
Next week is FOMC week. I am fully loaded and need to manage my risk.
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