It was a pretty "clean" day for /ES trading. In spite of the chop, it's quite evident that, recently, we've been range-bound between 670 and 700 (plus or minutes a few points). This makes for some relatively low risk/high reward trades. At this immediate moment, I'm long 10 /ES with a stop below 670.
It occured to me we may be looking at a diamond-bottom on the /ES on a short-term time scale. This might give us the firepower to make a lunge higher out of this range.
