ES Journal - 2017/2018

[Buy1Sell2]

We will not trade below 2644 today

 

[Buy1Sell2]

We need to jump above 2678 here (2677 now). Once we do that, we'll have a shot at legs. I fully expect to get above there shortly. Also, daily chart suggests 2800

 

[Spooz Top 2]

Any strong dip down to 2620- 2640 window, to flush out weak Bullys before the Polar Express leaves for North Pole, would be the conservative entry... Target shoot.. Set it & forget it!

Catalysts:
Daily Hammer
Bottom Half of 220 Handle range
St. Nick Rally
Fed toes the line w/ no surprises

Bearish potential on Weekly chart but Bears need to Build out up North first to complete.

 

[Buy1Sell2]

Chart damage has now been done on the 5 and 15. Not good for the next while.

 

[Buy1Sell2]

Longer term than 5 and 15 market is still a long. We'll need to have the 1,5, 15 resolve to move higher now.

 

[Buy1Sell2]

Longer term than 5 and 15 market is still a long. We'll need to have the 1,5, 15 resolve to move higher now.

1,5 and 15 recovering fairly quickly. Reader, this is a hot long market (never risking more than 2 percent of Total Liquid Net Worth of course).

 

[Buy1Sell2]

Financials have now touched down and are preparing a recovery.

 

[Buy1Sell2]

When clear sell signals don't pan out, it's time to hang up the shorts. ----Walking away from computer for an hour or two. I'll check my positions later.

 

[El OchoCinco]

We will not trade below 2644 today

So the market will not trade below a level almost 40 points away from your call.....gutsy...

I predict market will not trade below 2600 today!

 

[SPYgrain]

largest force is pull to 2800. mkt may have done it's job consol yest/overnight.?...and may not need another large type pullback..(i.e.below morn lows) ??

The facts are a series of higher high/lows on 2, 5 min chart since yesterday close.