Quote from petty1978:
30M Bar trade setting up...
This is a possible trade set-up that has yet to confirm [per price action].
If the ES does not close on or below 1113.75 [looking at a 30M bar] and price rallies to 1125.5, Sell Short at 1125.5 and cover at 1113.75. Set your stop at 1133.5.
Price just confirmed the 1125.5 price level...Sell Short and cover at 1113.75, set Stop at 1133.5.