ES Journal - 2014

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    2014-01-22-PROPHET.png spx.png
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This feels to me like a serious selloff here. Been expecting it for over a week now. I can't get over that 5-6hr selloff 1/13


-2 is a serious selloff ?



my area is 34.75 to 41.75 for rest of the day


if I am wrong that is what a stop is for
 
-2 is a serious selloff ?



my area is 34.75 to 41.75 for rest of the day


if I am wrong that is what a stop is for

You're right..been a lot of misdirection lately..looking one way going another..to me this looks long but...going another way?
 
bigger channel is 1830-1842

if I am stopped will look to relong at r10 level of 29-31

A hold of 29-30 will project ES to 1855-58 on a stop run
 
long 1839.25 stop 1837.50 target 1842.75

ES +.50
YM -31
NQ +7.50


YM needs to rise here to achieve parity with other contracts, that rising tide will also push up ES

why do you like to enter on 2nd entry short price action? they move down fast, same pattern you entered short twice on today
 
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