Pre Market Plan: CPI came out and it came out pretty bullish. Over the past two days we broke out of the range and are now rallying so bulls are in control. My levels of interest are 4187-4181 to see if bulls can buy any dips. If buying pressure is good then I would like to play long targeting the high of day and then 4430 supply. For bearish scenario I am looking at 4430 to see if we can find any sellers or if we are able to break belown 4187-4181. I would then like to target 30 min supply @4367 but better target would be 4354. I want to also look at the VX and how the volatility is . If the VX is able to bid above 19.4 then a chance of a selloff is better. If not expect dips to get bought up

Market Context: We were bouncing off 4406-4403 level intraday with a lot of volume. We broke down later in the day with heavy selling and was interested in playing a pullback into that level due to the liquidity that was being provided before. 

Where/Why did I enter: I entered when we pulled into that range and saw a bit of rejection. I entered in short with 3 contracts. I later entered later again after we saw more weakness and bigger selling. During that selling I also accidently entered in long which caused me a small L. I have to more cautious when closing my short positions. 

Where/Why did I exit: I exited both trades at my 3 point stop loss. I respected my stop loss as there was no selling that made us go lower which caused a further move up.

What I did well: I respected my stop loss and was patient. I also didnt let the emotions get to me and closed my computer after the second L. 

How can I improve: I can be more patient with my trades and not take any trades where there is lackluster and no volume. Just because I am trading futures does not mean I should not account for volume anymore. All day it was chop action which indicated no big move.