Break From Blogging -Happy Holidays

See you some time in the new year....need a break, its been 3 plus years!!

Happy Holidays!!

Emini breakout - ES

Daily Chart

5 minute chart

(Double Click Picture for a Larger View)

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Stock: ES emini

Entry Bar: 11:50 AM
Time Frame: 5 minute
Entry Green Line: 1201.50
Stop Red Line: 1999.50
Result: out 1205 to 1207 area
Setup Grade: B+
Notes: Big gap up on the Daily Chart and break out of a trend. This is when i look for breakouts on an intra day chart with the 3 touch rule. Had room to run to price resistance at 1207. Nice support from 20SMA.

* The setup grade is based on rules outlined in my business plan & not for the end result. Feel free to post any trades you made today that you would like commented on.