ES Journal - 2017/2018

[speedo]

Just feels Heavy here ... even on the lows!

Heavy indeed

 

[Laissez Faire]

Yeah, it's actually ...never short a dull market

Of course it is. I'm joking AND making a point. In my experience, ES can be quite dull prior to a sell.

That said, the market isn't really dull now. It just might feel that way relative to some of the moves lately. Still trading through a "normal" day in one hour or so...

 

[Buy1Sell2]

Getting down here in a good buy zone again. Reminder---mid term bottom is in, so it's just a matter of milling around and gaining strength for the push higher.---I remain long.

 

[speedo]

Of course it is. I'm joking AND making a point. In my experience, ES can be quite dull prior to a sell.

That said, the market isn't really dull now. It just might feel that way relative to some of the moves lately. Still trading through a "normal" day in one hour or so...

I figured you were playing on words.

 

[speedo]

Getting down here in a good buy zone again. Reminder---mid term bottom is in, so it's just a matter of milling around and gaining strength for the push higher.---I remain long.

Keep a stiff upper lip ole boy.

 

[Laissez Faire]

Anticipate a reaction at 31. Might not reverse there though...

 

[volente_00]

Getting down here in a good buy zone again. Reminder---mid term bottom is in, so it's just a matter of milling around and gaining strength for the push higher.---I remain long.

On the long term trendline I agree

 

[Laissez Faire]

NQ at Y-Day low now. Does not show any signs of a buy yet.

 

[volente_00]

The down move was broken, but no real reversal happened. So, my main scenario would be that we're ranging sideways before another slide and a new low on the day. 2631 should be a likely target for this scenario.

We may also test yesterday's lows, although outside days are rare. Then again, these are special times.

Good analysis
How did you derive 2631?

 

[Laissez Faire]

Thanks.