ES Journal - 2021/2022

I would however grab the bird in the hand.
Use 3951 as a close.
mes 2022 1208 10m.png
 
now it's coming down, fifth day in red?
(Briefing.Com)

"The selling started on day one and it has carried over in every session so far, which is to say the S&P 500 has opened this December with five consecutive losses. According to Bloomberg, that is the longest stretch of losses to start a month since 2011."
 
closed all Dec contracts premarket, not sure I want to go long yet, shall see.

IMO the risk reward for going long is the best RN
3500 -> 3900 -> 3700
3700 -> 4100 -> ????

3900

Screenshot 2022-12-08 at 16-13-21 ES1! 3966.75 ▲ 0.76% Main.png


With a stop below 3914
Target ... +400 pts
4300

5 to 1
 
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Chart look familiar ON?
ON ? Honey ? No No

I know there is a famous guys that used the same principle,
Received a private message from someone who believed the same.

I exchanged with him myself.
NQ Curious something like that (I believe) ...

upload_2022-12-8_16-28-32.png


Anyway. Maybe I didn't get what you meant :D
 
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IMO the risk reward for going long is the best RN
3500 -> 3900 -> 3700
3700 -> 4100 -> ????

3900

View attachment 301115

With a stop below 3914
Target ... +400 pts
4300

5 to 1

If you draw the same chart using the SPX, it looks like the SPX broke down below the uptrend line, even though the ES remains above the line. Which chart has the most significance?

NQ also broke down below the line too.
 
If you draw the same chart using the SPX, it looks like the SPX broke down below the uptrend line, even though the ES remains above the line. Which chart has the most significance?

NQ also broke down below the line too.

Well ... This is SPY with about the same line.
I don't think it broke down below it.
That's not the exact same line.

U're right

Not the exact same chart neither :D

upload_2022-12-8_17-11-50.png
 
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