At the open there was a huge bear move down. There were a lot of bear bars, but there were also a lot of wicks and overlapping bars, which indicated the trend was not super strong. Still, it kept moving and I did not find a way to enter the bear trend.

It broke through the 60/20 EMA and the Globex low. After the run we got a nice bull reversal bar, but it felt too soon to go long after that strong move.

Price then formed a two-legged pullback to the EMA and the Globex low, so I was looking for a possible short for a retest of the bear channel.

The bears did in fact make a retest, but there was no clean entry. It did make a test of the previous lows, but failed to make a new low and moved back up to the 20 EMA.

Price did break the EMA and formed a bear trap on bar 25, but I failed to recognize it since I was too focused on the bears getting a real 2nd leg down. The retest was enough.

I instead entered on bar 27. It was a bit too late and very high up, but I figured this would be a range day and we had many bull magnet levels above that we could test. I ended up taking the trade off at BE, and then the market reversed down.

Price did not quite reach the previous low, but it did form a HL MTR with a great bull bar. We were still below the 20 EMA, but I was betting on this to be a big trading range so I took the trade.

Price pulled back a bit, made a second bull leg up, and stalled at the EMA. Then it formed a great bear bar. This should have been a good enough clue to exit the trade at breakeven. This was a bull correction and it was making a new low. Easy to see in hindsight, but I should have seen this in real time too—and I actually did, but I did not exit.

Price made a new low and bounced near the range low again. Price chopped higher back up to the EMA and I was hoping to get a chance to get out at BE, but it missed my entry price by 1 tick.

In hindsight I should have closed the trade with a small loss, but I did not. After this, price made a bear breakout of the range low. It was getting late and I exited the trade at -15 pts.

The bar after I exited printed a nice bull bar and formed a Failed breakout and price rushed up. If I had held for just one more bar, I would have been able to get out at breakeven.

Not an easy day to maneuver. The strong bear leg looked like a possible bear trend day, but the pullback was so deep that it was easy to think this was a range day. Then the bears, against all odds, managed to make a second leg down. So both the first long trade and the second were too early to buy.