This morning’s trade opportunity required a little bit of improvisation from the trade plan. The ADP report took the ES up to 21.50, well above the first sort area of 17 / 18. Because of the quick movement through on little volume, the 17/18 area was still a good rejection area which had not really been tested. After the 10am ISM report, the ES first rocketed up to 25.25 and then came down to the 17 / 18 rejection area which now is support. After a rotation, a good long opportunity was available. The target would either be the next level (i.e. 19.25) or the VWAP which took a while to finally hit.