E-Mini S&P 500 Futures
Last night's trade plan pretty much called the price action we saw today. ES made a new Low followed by a bounce at Strong Support, with a retracement back into Tuesday's range, which provided additional Shorting opportunities. The best Short setup was at the European cash open as I expected, but I wasn't around to take advantage of that. We rejected the Strong Resistance Area today, and I'm viewing the bounce as profit taking by the Shorts. ES could move back up a bit here, but my theme will be to continue selling the rallies until I see that Buyers have regained control.
ES 5-Minute Chart
ES Day Session Volume Profile Chart