ES Journal - 2014
- Thread starter murica
- Start date
.i am short 2 contracts from 25.75 avg..i think i'm ok.
Watch 26.00. If it breaks, price might go to 24.00. If it doesn't .... well, just pray it breaks! All the best.
24 will just be the beginning? we're are 10 days bullish today. 12.50 is in the cards?
and theres a gap unfilled @ about 1895
12.50 not in my cards for tomorrow given today's price action. As I mentioned in an earlier post, the buying above 94.75 has been very strange: very passive, and comes in at the sign of weakness. Don't know how long it might last. There is no tell tell signs, based on how I read the market, that ES is going to turn.
Yesterday, and the day before, there were significant weakness [due to buyers not showing up; not due to sellers showing up] that had to be "tested" to see if buyers were present; hence, the downward move to test those areas yesterday, and today (overnight). Guess what, the buyers showed up in those areas during the test! But, today there seem to be no weakness: buyers showed up when it mattered. But, who knows what tomorrow will bring!
All the best.
a blow off top tries very hard to not look like one.
the action today was trying way to hard to make this look good, imo
i don't know, that's what i am playing
Hope you make a complete recovery, Handle. Your contribution here is really appreciated. Thank you.
a complete recovery?
i'm short YM @16729
short ES @ 1925.75 avg
short NQ @ 3748.50
just what am i recovering from
edit: sorry you were replying to handle
I agree there is always "window dressing" going on. The last one was last Friday after cash close. You can just spot one when they occur. But, today was not one of them. But, then what do I know! I just try to read what the market shows me.
All the best!