- Today's target area after the break of the down trend friday was the gap from a week ago.
- The morning alignment of the emas was encouraging as R2 got taken out. Of-course with a tight stop at morning lows and /or below the 200 ema.
- The trade played out all day ,as they gravitated to the gap and sellers' failed attempts to stop the match on.
- Took my profits EOD. We've got a gap not filled below today's low and a 200 ema on the 1 hr.
A gap fill might be more bullish with a neckline at current levels on the head and shoulders formation on the 1 hr.


Tally:
+10 es points ( $500 /contract)