Equity futures continued their bounce back this week and my ES target was hit this morning @ 4700.00 (realized profit of $2,000 per contract). Great job to everyone who participated in this trade with me!
The S&P 500 is still rallying higher. If you are still holding any positions then please feel free to contact me if you decide to hold positions over the long holiday weekend!
Check out the charts below for my full technical setup. I recommended the following:
BOUGHT ESH22 @ 4660.00 (Entry Yesterday 12/22)
SOLD @ 4700.00 TARGET ($2,000 profit per contract)
*Risk/reward are calculated before commissions and fees*
30 MIN ES Update
Daily ES Update
Jace Jarboe | Futures & Options Broker:
Find More Opportunities in E-mini S&P 500 Futures Like This One
We hit our target for this trade, but navigating today’s markets can be tough for new and experienced traders alike. If you’re actively trading futures and are looking for the insight, education, and empowerment to make better trades, join the Jarboe Trading Journal for the guidance you need. In the meantime, download my free Introduction to E-mini Equity Futures guide to expand your knowledge of the e-mini markets and prepare for the next opportunity.
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