ES Journal - 2021/2022

Sesame Street chart (post #10872) UPDATED...

1) The mid-November gap is in play

2) A gap was created today within the green lateral movement zone.
As stated, I use 2 (consecutive) closes outside of lateral boundary(s) to "end" the zone.
Based on that rule, the lateral zone is still active. 2 consecutive closes outside the boundaries needed.

3) The orange trendline on the right, intersects with TOMORROWS price bar around the 3988 weekly NPOC, seen in yellow on the price scale.

Anyway, Good trading to all!!
Awesome Times!!


sesame2.png
 
I'm sensing we're close to the bottom here at 3910. We could go down to 3900 before reversing.

(Just because I think we might reverse, that doesn't mean I won't enter short :))
Good call. Definite indecision for over an hour. Mr. Market don't know where to go.
 
Back
Top