ES Journal - 2016

original_58439845.


wait for the trendline to break before even thinking about shorts
 
Hell the market cannot even pullback to the trendline...In both the Oct and Feb rallies (at this stage in the advance), there was a 1.5% pullback...yesterday the market couldn't even correct 1.0%, let alone tag that trendline...
 
Out of the June futures at 2088.25 and have entered Sep short at 2079.25.
Back from Stuttgart and Vienna. This position was stopped out while absent for a 45 pt loss. Total down on the short position trade is 67.25 with 2 commissions and 2 times margin.
 
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