Clearly the daily charts are in an outrageous uptrend so if one were inclined to buy a dip, it would have been better to focus on the stronger index today.
Had you entered the obvious trendline break around 11:30 (just as European session ended), you could have rode /es for 12 points.
My power was off so I missed it all but this is a good reminder. If a stock or market is weak, leave it alone (for daytraders). Stick with strength.
This is what the market looked like up until the wonderful 11:28 entry and then it was smooth sailing for the rest of the day.
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| /es pays the bigger reward today after morning dip |
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