Market Analysis for Feb 10th, 2021

Feb 10, 2021 - 4:10 PM EST

Weds Feb 10 Recap/Lesson:

Great day because we top ticked some crucial intraday short entries via ES futures to act as hedges for our overall uber bullish portfolio (riding many great stock setups + futures instrument...bull market no surprises)

Traders that aren't running that type of bullish book could book profits along the way as stated. Remember, there's 1000 ways to manage risk. Know your timeframes and objective here!

Zero MAE (max adverse excursion so far, no heat taken) 💪

Ricky Wen is an analyst at ElliottWaveTrader.net, where he writes a nightly market column and hosts the ES Trade Alerts premium subscription service.

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