ES Journal - 2017/2018

[_eug_]

I wonder if the next leg down starts today or tomorrow, or next week. Gonna patient and let it distribute for a while before shorting again.

 

[rocketman987]

I might try a short @ 2846, my mind isn't made up yet.

 

[_eug_]

I might try a short @ 2846, my mind isn't made up yet.

You looking for a scalp or you thinking resumption of down trend?

 

[rocketman987]

You looking for a scalp or you thinking resumption of down trend?

Definitely a scalp only. *I* see lot of resistance just above 2860, surprise me should that blow thru today. This recovery is amazing isn't it?

 

[_eug_]

My level for shorting on NQ is between 7441 and 7446 ish but I am also looking for some price action / momentum confirmation before going ahead and doing that.

 

[manonfire]

Thin to win, ym passed batton to es and nq to squeeze higher.

 

[rocketman987]

Shorting here is like standing down track saying the freight train will stop right HERE.

 

[rocketman987]

Short 2845.75

I don't want to miss it

 

[speedo]

...on the other hand, you could have been long all along

 

[Buy1Sell2]

Just as an aside, we have no gap today. Today's open was within the confines of yesterday's trading range. ---There is a gap from Aug 9 however that I would look to be filled sooner rather than later.

We need about 7 more points to fill the gap that I mentioned in the above posting. ---I believe that this gap will be filled---