ES Journal - 2017/2018

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We have now printed above 2789 cash. This will be interesting now to see if we have continuation or reversal here. At the moment, I remain long with my 2710 stop.
There is certainly no obvious reason to be short when I look at the cash chart. --Cash rules futures.
 
Obviously I was wrong on Friday. On the other hand right now we have 2 consecutive upgaps, and nature doesn't like vacuum. I expect at least today's gap to be closed before further run up.
 
Obviously I was wrong on Friday. On the other hand right now we have 2 consecutive upgaps, and nature doesn't like vacuum. I expect at least today's gap to be closed before further run up.
Today's gap is pretty close-by. --Very possible. However, I look for the gap from 1/30 to be filled prior to your first gap. If I'm wrong, I'm wrong---toes still tapping.
 
So what you`re saying is , with Fridays Bully PA, you would now like to conveniently
skin your previous bearish stance & embrace the bull horn & kiss it`s horn while on bended knee?
Gotcha.... Need to see everyone here Bully... I like it!... Very few are built to be contrarians... majority are sheep.... while some are even balls in high grass................... Lost!
So what you`re saying is , with Fridays Bully PA, you would now like to conveniently
skin your previous bearish stance & embrace the bull horn & kiss it`s horn while on bended knee? How right you are - Please wait whilst the Derivative supplies you with more reliable and sufficient data as to evaluate the present outcome. I merely pointed out that here still remains further pips within the Highside But as to my Evaluation at present time i am under the impression that the Derivative is about to make a rather Large Swing Low Towards 2558 But its only my opinion and will not effect your current viewing.
 
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A brand new swing purchase here would require your stop to be 2718. That may be too large for folks----don't know.
 
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My S/R's for the day for ESM18:
R from the daily chart ~ 2802
S on the daily ~ 2790

On breakout of this range, 2775 on downside, 2829 on upside.
5 day trend is up, so plan is long only today.
 
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