ES Journal - 2017/2018

[Buy1Sell2]

Reserved short 2438.50 for loss of 17.5 pts Initial stop 2469.00

Stop lowered to 2461.00

 

[Builder17]

long 46.5 stop 40.5

stopped -6

 

[FriskyCat]

Market definitely trying to defend that 2441 from yesterday hier. a little under -- a little lower etc etc

Everyday some offshoot of same pattern. Herd everyone to a particular spot, calculate the imbalance of longs vs shorts and then blow it out max pain direction.

 

[They]

How about sell all rallies until we see some green?

 

[FriskyCat]

How about sell all rallies until we see some green?

View attachment 196065

View attachment 196066

Sounds great, but you've got to figure out how deep those rallies will cut.

 

[speedo]

Fora a day trader, plenty of opportunities in both directions.

 

[Buy1Sell2]

It would seem 2400 is in play now. I would imagine that with the weekend and holiday , folks would not want hold long. On the other hand, if a big rally comes in the next hour or so, that would be pretty bullish.

 

[Buy1Sell2]

Stop lowered to 2458.00

 

[Buy1Sell2]

Market now becoming more active as participants are getting ready for the close. The weekly close is the most important time of all.

 

[speedo]

Outside of a few consolidation zones, PA has been very clean.