It will fire up tomorrow, bull flag on daily.
ES Journal - 2021/2022
- Thread starter Buy1Sell2
- Start date
It will fire up tomorrow, bull flag on daily.
They might as well keep pumping it now until the news events tomorrow. The markets can still take a massive drop and also have a santa rally still.
Well I think tomorrow is a good day to get out of the way before making a medium directional decision.
I think the day before is usually quite telling too. When we had the last lot of good news the market had tanked the day before. Today we had quite a strong day before the day of news.
4009 is the SPX big fib 0.618 level, so a big drop tomorrow shouldn't take too many people by surprise.
me think it will touch 200 ma tomorrow at least, around 4036 to 4050 range., go long at 4010 now.
consolidation leads to breakout, usually.
That's a good idea. I will probably look at shorting around 4009 and then keep scaling in up to the 200ma and then if it breaks much above the 200ma look at stopping out.