The S&P 500 continued its bearish price action following my last update to sell the ES with the YM leading equity futures lower. My conservative target was filled @ 3060.00 for a $1,000 profit per contract traded! Great job to all those participated in this trade with me! Those maintaining open targets are the major winners here with the ESU20 just now making a new low @ 3019.75 while I type this update. If you are still short then I recommend trailing your stop losses lower to capture profits and remove any upside risk. Feel free to give me a call about your position or to review this trade together!
Trade Recap:
SOLD ESU20 @ 3080.00
BOUGHT ESU20 @ 3060.00 ($1,000 profit per contract)
*Risk/reward are calculated before commissions and fees*
60 MIN ESU20 UPDATE – TARGET HIT
Jace Jarboe | Commodity Futures Broker:
Phone: 312-706-7639
Email: jjarboe@danielstrading.com
Broker Bio
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