Fair enough but why chase the long?
I just don't see value of a long if not buying discount on a down move
ES Journal - 2017/2018
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Fair enough but why chase the long?
I just don't see value of a long if not buying discount on a down move
Short term support being established and this is a down move on a different time frame.
Out and short at 2559.00 for 5.5 pt loss. Initial stop 2569.75
Limit buy order at 2547.00
The last IHS called in this journal did fail...
FWIW, the last 3 out of 4 Tuesdays following a negative Monday have had a negative close.
A brief look at my data this morning suggests a high possibility of making new lows today (Tuesday RTH). Does of course not preclude a retracement up or a good up move before or after.
Loss of 11 pts
tempted to take some off, but waiting for instructions lol
Shorting IMO is premature until 2593.25
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