ES Journal - 2017/2018

[volente_00]

Not sure what you are talking about (maybe virgins?) but that was post number 7272....

It was a reference to my swing short target of 80-90 points before we fell 72 from 2795 in one day.

 

[volente_00]

The tables have turned and now the bulls have become extremely quite.

We are busy buying

 

[mastacoli71]

We are busy buying

Just poking fun as the Uber bulls did the same while us bears were busy shorting

 

[mbondy]

i closed all of my open positions today. Although I am still bullish on the market, i will wait until I see signs of continued strength before putting anything back on. I'm starting to see liquidity drying up on the tape and that is not an environment that i want to be a buyer in :S

 

[Spooz Top 2]

The long trade is risk free if you took the neck short

I did... 15.50 cost/ sell avg with more to sell .. so not whole scale.

 

[Laissez Faire]

Regardless, I think we can expect a move at least down to 2683 some time this week. Maybe as early as tomorrow.

Darn. One week too early.

I still have this as a target on the daily.

It's interesting to hear people discuss a potential IHS in the making. It's very easy to spot. If one were to use chart analysis - one could also visualize a double top here 'at the lows' on October 17th and November 7th.

I don't have any expectations beyond 2683, but if I had to guess, I'd say there's a good chance we at least test the lows around 2600.

 

[Aj2014]

what we thinking, more dropping today? It's looking super weak. I'm still holding the same short but wondering what others are expecting

 

[volente_00]

I'm currently targeting an 80-90 point sell off on a swing short from 2817-2821

I'm now in swing long at 2711.75 avg
Objective one is 2801

 

[volente_00]

Hold of yesterday's cash close will open up 2777 ES

 

[Aj2014]

all selling so far. Lets see if they can turn it around or just carry on tumbling