ES Journal - 2017/2018

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IBD charts are still using 50 day simple moving average, uptrending[lagging LOL, yes]; one of my favorites is 50 day exponential moving average on SPY, is as of today's close=$233.74, lagging also.Its a good measure .TGT stock is still way below 50 dma, 200 dma , a bear market, for many months.NOT a prediction.
 
IBD charts are still using 50 day simple moving average, uptrending[lagging LOL, yes]; one of my favorites is 50 day exponential moving average on SPY, is as of today's close=$233.74, lagging also.Its a good measure .TGT stock is still way below 50 dma, 200 dma , a bear market, for many months.NOT a prediction.
Why always the disclaimer?
 
There will most likely be profit taking between 2370-2380. This will create a long opportunity with a target near 2440.

2440 - 2500 target. Maybe still opportunity to get long under 2338.
 
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Could be some selling at 57 followed by a bit of pullback and then a renewal of upmove. Not predicting this but it would be my best guess.
Lets see if we can move this well above the 57 mark today. Yesterday we only made it to 61 area. Let's at least move it above there.
 
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