ES Journal - 2021/2022

[Laissez Faire]

Powell wants at least 3880 today.

 

[Laissez Faire]

Seems like Powell wants 3905, too.

 

[wiesman02]

This is jumping around so much it’s making me dizzy.

 

[wiesman02]

Seems like Powell wants 3905, too.

does jpow want to give us a dip first ? Sheesh

 

[Laissez Faire]

does jpow want to give us a dip first ? Sheesh

I'm thinking maybe not?

I was long again @ 88, but wary of buying tops I got out for a small profit. It's possible today is one of those days where the market simply picks up a strong trend and never looks back...

Maybe a pullback to the 90 zone. I'm not trading it, though. Not interested in chasing up here even if I see the upside potential.

 

[newbie463]

there's a downtrend line off the highs coming in around 3900 and that would be about a 100pt move from the 804 swing low yesterday. should be interesting to watch that level.

 

[Buy1Sell2]

Downtrend line is about 3905 or so. We'll see if there is a reaction there or before.

We're within about 7 points now (cash) of the downtrend line. I look forward to see if we react there and if there will be a fresh shorting opportunity there.----There should be----we'll see. If not, I'll keep risk small as I could be wrong.

 

[wiesman02]

We are close to my overreaction zone on the 4 hr but I won’t be shorting. Sitting on hands. Had a nice short on the overnight session and slowly giving it back via scalping now. I’m done bleeding. Back to intraday position trading.

 

[Laissez Faire]

Near vertical rise. + 46,50 points off the LOD. Apparently it wasn't too late to go long @ 88 after all. LOL.

Not much to do now, IMO. Maybe long should we get a deep PB. Better opportunities tomorrow.

 

[Buy1Sell2]

Current monthly chart of XLF is shown here. February bar looking sweet at the moment. Can XLF ride the Bollinger Band to the moon? ---or will it revert?