ES Morning Update February 27th 2024
We started the pullback yesterday, which was mostly into the close. I do not know how low it will go as it could be finished now, but the 5050 zone is an important support that would be ideal for a long. However, with yesterday and Sunday being a “turn window” I decided to take a chance and just re buy my previous longs at a cheaper price.
We might go down to that 5050 zone, but if it happens I’ll just ride it out as I still think we will rally up into the next turn date on March 22nd. For me, I’m just trying to get another good entry on the longs, which I did, but nailing the exact best spot is impossible. Not much else to add here as the overall trend is still up and that’s how I’m trading it.
Have a blessed day.
Source: https://reddragonleo.com/2024/02/27/es-morning-update-february-27th-2024/
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