E-mini Dow Jones ($5) Futures
Long
Updated

index equities bouncing from 0.618 fibs

102
I think this thing is going to take out some people with cheap stops in the market before dropping harder, so as a day trader - short term trader we can capitalize on this agenda.
Note
I note that those who sold on February 17 at 15 pm EST can cause a lot of resistance. That is approximately at the price 33154, beyond that level there should be no problem to reach the target
Trade closed manually
Exactly the same scenario was first reached by S&P, which influenced the fall of DOW. When trading these indices it is convenient not to see only what one is doing, but at least ES NQ and YM. In my case I was long in ES and I exited the trade in profit a little before the fall. I did not participate in the fall, although it was much better trade than the long.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.