ES Journal - 2017/2018

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Use caution with the trend line that we are nearly at or perhaps Are at as my angle is a little off.
9mtfx


3 day trendline isn't hard to break

:)
 
The first attempt at 2530 occurred overnight . I expect some pullback off the opening to occur and then a second attempt made in RTH today. At the moment, the market remains in short term uptrend.
 
We got Santa rally, 401k $ coming, and the fact we are super stretched from the 50 and 200 day. Lots of reasons for this mkt to continue rising into the new year. I am looking only at long setups until we get above 2568.

Mkt closely following summer 2011 and late 2007 analogs. The latter suggests a run to about 2600 SPX first week of 2019. Edit: on a closer look, appears more around 2580 (or backtest from downside of closing lows in first half of 2018).
 
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The first attempt at 2530 occurred overnight . I expect some pullback off the opening to occur and then a second attempt made in RTH today. At the moment, the market remains in short term uptrend.
OK--here comes the pullback off of the opening. Like clockwork.
 
We are Sitting at Fib Con sell zone ... R1 - 2504-08... with confirming indicators.. Swing hi @19 on the over night session... Over night sessions are Ideal for target shooting over runs for superior fills... providing you with cushion.
 
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