as long as price stays in range between 2900.55 and 98.50 , ceiling pattern is forming, if it break higher or lower from now on before pattern is formed than its not valid ceiling.
ES Journal - 2019/2020
- Thread starter Buy1Sell2
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I don't see any ceilings on any time frame until a fair bit higher than this. At this point in time - this is a strong trend day up which is following the script as expected.
2910-15 is the target for today.
2910-15 is the target for today.
Going to have to change my user name to Pat Riley
Added 2879.25
Stop 2901
Objective is 2845, 2802, and 2745
Selling 285-290 June SPY calls here as well
Stopped
Reshorted full position at 2902.25
Stop is 2943
Objective is 2815.25
Who is shorting this rocket or claiming "it just has to go down"
Sounds like crack top notch analysis!
Sounds like crack top notch analysis!
me me me...ha ha i am out of long positions so counter trend is way to go.
yup u r right, i see the traps.
It's all the rage. All the cool kids are doing it despite the persistent series of long signals.
You need to recognize the pattern for the day ahead, IMO. Today is so far a strong trend day up and those days tend to be a one-way street from the Open to the High and/or Close. They're not due for a down since that's not part of the pattern for these particualar days.
ES and NQ is moving perfectly together today, so no conflict there. Just now I'm sure some people are tempted to short because it's gone up too much or whatever, but I'm fairly certain it will be a shallow 2 or 4 point pullback at best before another push higher.
At least that's how I see it...
ES and NQ is moving perfectly together today, so no conflict there. Just now I'm sure some people are tempted to short because it's gone up too much or whatever, but I'm fairly certain it will be a shallow 2 or 4 point pullback at best before another push higher.
At least that's how I see it...
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