It appears that ES displayed a pattern of rejecting a new high for now. The fight of crossing overnight high and low was unusual this morning. ES first breached O/N low and buyers stepped in and took it crossed last two days' high and at the end of CHVA. Then it got pushed down cutting through last two days lows. Those were the interment time frame traders' behave according to FT. It was a 19 point range day. A HS pattern seams formed on daily chart. There is a gap of 1860 to 1844 below. We may see it closed before next week's Fed day.
I had 3 fills (3x1x1) of ES for next 3 weeks. I made an error of buying a put of this week at 1830 instead of selling it. It cost me $53 to close it at the end of day. Get to remember to check every aspects of an order before release it especially after I changed my quote form lay out the other day.
Soybean and corn moved in my favor today. Wheat tested a new high closed at yesterday's high on Ukraine's planting progress concerns. I added positions to corn and wheat today. CL continued to drop. My bear calls of April look safer now.
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