ES Journal - 2016

[Buy1Sell2]

Daily still in uptrend

 

[Buy1Sell2]

Be cautious with shorts that you plan on holding

 

[Spectre2007]

Long 2044 TP 2054 SL 2034

 

[Spectre2007]

Beware of the BTFD crowd..

 

[Spectre2007]

Long 2033 TP 2043 SL 2023

 

[Builder17]

Beware of the BTFD crowd..

feeling like that crowd might need a little scare today

 

[I Know You]

"Flat tops produce market drops" - O. Carboni

 

[Spectre2007]

Long 2033 TP 2043 SL 2023

I feel confident in my position .. The FED tucks me in at night and sings lullabys..

I get a warm tingly feeling when I think of the FOMC.

 

[der_kommissar]

so far ES fits the profile of the "rolling chop" lower...IWM (Russell 2000) looks like a more compelling intermediate short (so many junk companies in that index).

 

[I Know You]

We're starting to see reaction to Nasdaq's previous support, 200sma daily is there too, as well as MACD is signalling weakening price action. I would never be long here personally, too high, need a discount window.