Thanks. I get it now. I was a bit mixed on NQ after 9 am so I understand where you're coming from.
ES Journal - 2019/2020
- Thread starter Buy1Sell2
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Post covid - we only had 7 sessions with an RTH range less than 20 points.
So far today's range is 17,25 points.
So far today's range is 17,25 points.
ES is at a strong resistance area established early to mid September. We have rallied significantly off the recent lows and it would suprise me if ES was not turned away in the short term from this resistance area. We are currently experiencing a narrow range day, just like the last time in July when the market hit a significant resistance area.
If we reach new highs on the day, I will reduce my hedge on my newly established bearish Butterfly position.
If we reach new highs on the day, I will reduce my hedge on my newly established bearish Butterfly position.
Not sure I can stomach another leg down. I think I'll bail on my longs if we don't break higher within the next 10 minutes.
3440 touch is what I have in mind - with anything beyond that a bonus.
3440 touch is what I have in mind - with anything beyond that a bonus.
I don't know how market will perform for the rest of today since there isn't momentum on either sides, but price looks quite bullish for few more days.
I think I'll bail on my long for a loss @ 26,50. Only 90 minutes left of the session.
Not interested in sitting through a double bottom and taking my chances on a late session rally. Looks like the first losing day in a few weeks is due. It sucks, because I got the big picture right for today, but executed poorly. It happens.
A pop to 38-40 will work, though.
Not interested in sitting through a double bottom and taking my chances on a late session rally. Looks like the first losing day in a few weeks is due. It sucks, because I got the big picture right for today, but executed poorly. It happens.
A pop to 38-40 will work, though.
I'm having difficulty reading the market atm.
There appears to be a mighty tug of war going on. Who wins, I don't know, however my bias atm is bearish but today the bulls are putting up a good fight and may prevail.
End of day is when I do my analysis but sheesh it is not clear cut for me atm.
My position is flat most stocks with 2 inverse ETF positions which I'm getting concerned about due to the length of time it's taking for them to go in the money.
Double top to the tick. No way that's going to hold.
That said - trailing a tight stop here. Will be flat at 32,50 if we trade there from now.
That said - trailing a tight stop here. Will be flat at 32,50 if we trade there from now.
Are you referring to the market being up around 3/4 of percent today?
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