Premarket plan: ES in the bigger picture is making higher highs which shows that bulls are in control. My idea is that pullbacks should be getting bought up. With that being said I am watching for a pull back into 4414-4407 to gauge the market to see how it reacts. It has been an area where buyers have been interested and many rallys higher have happened. If we are able to pull into this level and see strong buying I am willing to go long targeting the next supply at 4430 which is a daily demand zone. However, if we do see selling through this level, I am interested in playing the market short targeting the lows of yesterdays action and then demand lower. 

Market Context: Market opened up and pulled into 4416 where there was a large passive order. It got filled with a lot of selling but no move lower. A few minutes later it pulled into that level again, broke the lows, and rallied once again showing that there are trapped sellers at the low. It was not a few minutes later that market pulled back into that level and showed better signs of buying.

Where/Why did I enter: I entered around 9:48 where I saw the 3 pullback into that level that absorbed the bid. I was interested in playing long for mulitple reasons: Delta was showing lots of selling at lows, Was at a key level, and every push lower followed with stronger buying

Where/Why did I exit. I was looking for the opening high to break in order for me to be more comfortable with the trade as I knew that we were in low volume conditions and we have to keep our targets smaller. I also know that because there was low volume it could be a case of "Stairs up Elevator Down". We pushed into the open and I saw that we had a small pullback. I closed my position in that pullback to be safe.

What I did Right: I had a really good entry at the lows and noticed the selling that was getting absorbed. I was also playing off a key level which was supporting it really well. I was also patient enough to wait for the market to develop a little more before entering in any trade.

How I can improve: One main thing I can improve on, HOLDING MY POSITION. There are many moments where I am leaving a lot of money on the table because of a small pullback. Pullbacks are inevitable and they are bound to happen. There is rarely going to be a shot up into the target level and that is what I need to work on. I got scared from that small pullback at the highs and lost the opportunity of an amazing trade that hit exactly at my target. ONLY CLOSE A POSITION AT STOP LOSS OR TAKE PROFIT. A PULL BACK SHOULD NOT SCARE YOU JULI