ES Journal - 2014

The market will probably do what it has been doing nonstop for months, make you think its about to reverse, then sneaks up on you and plots new highs.

I know plenty are looking for a top, at least consider it.

:)
 
And we still haven't even hit the 2k level/magnet yet.
We had 2 down days and the bears got very excited.
Both times we had 2 consecutive down days before that, they were followed by 30-*40 point rallies! (mid June and late June)

Upside makes sense
 
who wanna try to catch the bottom...be my guest

Took me 4 attempts to find possible high for long term trade and I can spend next couple years looking for highs, but so long as one hedges in some way, you have insurance to keep playing the game.
 
one scenario I'm looking for is for ES to retrace most of yesterdays move. Any initial upside move to 1968 / 70 with a reversal could cause a good down swing.
 
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