lets walk this to 80..why not? quietly see where from there?
test the waters
no foul, no harm?
test the waters
no foul, no harm?
ES Journal - 2016
- Thread starter Buy1Sell2
- Start date
absolutely no technical harm walking this above 80....
actually, would serve purpose of burning overly confident shorts.
were in consolidation,,,play the range
actually, would serve purpose of burning overly confident shorts.
were in consolidation,,,play the range
how many days down now?
we shorts can't laugh about a walk up a day or two..?
quietly walk this up..80 even 90.who gets hurt?
we shorts can't laugh about a walk up a day or two..?
quietly walk this up..80 even 90.who gets hurt?
Interesting. I think it is possible that the next lower low is it for this particular leg down. How low it goes depends, in my opinion, on whether the market takes to into the the 1820's tomorrow or whether it takes a day or two of back and forth. ES at 1818 looks like the low to watch for if tomorrow, and if longer, it could walk down a bit more each day. I'm not saying that the next low is the lowest low, but I think we see a decent rally following the next low, a rally that I would suppose will offer an opportunity to short a new from higher levels.
When was the ATH?
June 2015, downhill since that time.