ES Journal - 2017/2018

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The intraday floor earlier today was established a 2580 area as described. Now, I believe a short term floor is in at the 2620 area.
 
We are right at a resistance level here of 2660. However, I think the stronger resistance level is 2680. If we should get to 2690, I will consider taking profit, but I may let it run as well. 2690 is the place where I will consider profit taking , absent an obvious sell signal prior.
 
Spooz Top 2 said:
Expecting an Outside Day to end the session today.. prior to the inside day yesterday...
Reversion move appears to be imminent here over next couple sessions.

We can trade as hi as 2750 & remain intact... Covered remainder 17 cars at 2602 ... will reimplement short position up North ... Flat
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Covered final 25% just 2 ticks from swing lo move yesterday just before the move... You could feel the Turbo Blasters heating up for a significant Rip North bound.... Was not interested in giving up 100+ handles...Just missed my buy scale pyramid entry from 00-95.... I`m patiently awaiting 2740-50 TL Kiss from under with size!
 
I have re-analyzed my swing long stop this morning and I feel that I have it set properly here at 2528.00 so I will leave it in place for now. Pricing is currently 2660.50 and I am long from 2563.00.
 
Spooz Top 2 said:
Covered final 25% just 2 ticks from swing lo move yesterday just before the move... You could feel the Turbo Blasters heating up for a significant Rip North bound.... Was not interested in giving up 100+ handles...Just missed my buy scale pyramid entry from 00-95.... I`m patiently awaiting 2740-50 TL Kiss from under with size!
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If its truly a bear cycle we should never even get close to 2740.
 
We really should have some intraday pullback to close the overnight gap as there is an area of about 10 points that was not explored yesterday.
 
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