ES futures high of day short odds

Based on historical odds, the ES had low odds of closing above the previous high of day. The plan was to take a short on a spike above yesterday’s high. The trade worked out as planned. I exited right before the bounce which at the time felt premature, but turned out to be the perfect exit. My reason for cutting was because I don’t like swift down moves in a strong market.

ESTRADE

 

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