Day started with a pretty strong selloff with two bear legs down, and it formed a wedge bottom. Price rushed up above the 20 EMA and it formed a High 1 Buy. It was an inside bar, so not great, but the bull leg was very steep and tight so I was expecting bulls to get another leg up in what started to look more like a trading range and not a bear trend like it started out to be.

I was aiming for around 13 points just below the RTH open, but when price printed a bearish doji reversal bar I took my trade off at 5 pts. I only put on 1 contract since risk was big, and given the weak setup with an inside bar.

Price did not manage to get up to the RTH open and pulled back to the EMA. Market got extremely slow after this so I decided to take my dinner break.

When I got back from dinner there was a bull wedge bottom with two consecutive bull bars closing at or near their highs, and the second closed above the 20 EMA, so I entered long. I have trust issues with today’s market, so I only entered with 1 contract. When the market stalled around 5 pts., I took it off.

Once again the bulls failed to get to the RTH open without a deep pullback. Price did finally hit the RTH open, but it took most of the session. I decided to call it an hour early—after all, it is Friday and there is also a holiday in the US on Monday.