Daily Commentary
Tuesday June 18th: We opened just above key support after some premarket shorts were in play. Above 1635.00 longs are triggered but like yesterday, we had to be patient. Long 1636.00 and took 3 ticks as it’s a bit high. Will try one more time lower, 1635.25 area. Long 1635.50 for +1 and +2. Now it’s back to sidelines and let the market sort this out. If the ES trades to 1638.50 it’s a breakout for at least 1640.00. Long 1638.25 for +1. Again it’s sidelines. Took an early scalp short 1641.50 for 3 ticks. That was enough for the morning with FOMC tomorrow. Total for the day: +2.5 one lot basis
