ES Journal - 2017/2018

[manonfire]

Killed the stop and added es and nq short.

Short 2660. 10 handle stop looking for a round trip to the 200 if we can get back into today’s range. If we probe higher will be looking to reposition on a reversal signal. Looking for today’s lows.

Shouldn't move past 2700. Weekly lows tomorrow and February lows end of week. If wrong I take a nice loss, all part of the game.

Coast to coast like butter and toast. Large trailing stop for half position, hope to ride to Feb lows yet this week.

 

[Pekelo]

I am voting up. Here is the last few days' actions on the daily chart:

We broke below the BB because of politics and what not. Then the last 2 days we bounced back to this former support line and as expected sold off. We made a try at closing the gap at 2588 SPX and left only 8 points open but the NDX did fill its gap. We have a double bottom with RSI divergence, so up we go...

We should make it up to 2640 SPX as a minimum.

 

[Buy1Sell2]

I am voting up. Here is the last few days' actions on the daily chart:

We broke below the BB because of politics and what not. Then the last 2 days we bounced back to this former support line and as expected sold off. We made a try at closing the gap at 2588 SPX and left only 8 points open but the NDX did fill its gap. We have a double bottom with RSI divergence, so up we go...

We should make it up to 2640 SPX as a minimum.

It seems to me though that we would need a little more pullback in order to mount a good attack. --Of course, there will certainly be upmoves along the way each day.

 

[nickynoes]

I am voting up. Here is the last few days' actions on the daily chart:

We broke below the BB because of politics and what not. Then the last 2 days we bounced back to this former support line and as expected sold off. We made a try at closing the gap at 2588 SPX and left only 8 points open but the NDX did fill its gap. We have a double bottom with RSI divergence, so up we go...

We should make it up to 2640 SPX as a minimum.

Im guessing an upmove to 2640 before starting the descend towards the feb lows.

 

[Spooz Top 2]

I`m anticipating a move due south here to challenge those Double Sticks / Previous Swing Lo`s down around 2525....

~Heavy Heavy

 

[nickynoes]

Im guessing an upmove to 2640 before starting the descend towards the feb lows.

Turned sour a lot faster than I had expected. Added another short, and if it breaks 2590 hold on to your horses people.

 

[Buy1Sell2]

We're in a section of noise here where direction is not totally clear. Should continue to see both long and short opportunities.

 

[manonfire]

The quasi ppt team will be active here and lower today. Coordinated buybacks and central bank buying, SNB mainly. Slows the descent but if no one hammers vol will grind lower.

 

[Spooz Top 2]

We're in a section of noise here where direction is not totally clear. Should continue to see both long and short opportunities.

That fence has to be a little hard on the keester, eh B1?..

 

[nickynoes]

Agreed on the noise, but if we can hold 2610 which is the fib 23.6 retrace of the febuary decline we might see a rally up to 38.2 aka 2660. After that I would like to see the feb lows retested again, in anyways I am basically net neutral right now.