ES Journal - 2021/2022

Overnight · Mar 24, 2022

Laissez Faire said:
What if ES didn't reverse at ~ 15 % down like it did and instead dropped to 25 %. Wouldn't that have been an unnecessary loss, too?

Not exactly. The plan is the plan is the plan. I gotta' stick with the "a man a plan a canal Panama"

Laissez Faire · Mar 24, 2022

Overnight said:
Not exactly. The plan is the plan is the plan. I gotta' stick with the "a man a plan Panama"

Okay...

I was about to say I hope it works out for you, but I can't use that word, so...Good luck then.

Overnight · Mar 24, 2022

Laissez Faire said:
Okay...

I was about to say I hope it works out for you, but I can't use that word, so...Good luck then.

Yeah, hopium is a hot commodity these days. I don't snort it anymore, as I'm burnt out on it. I just follow the plan.

vanzandt · Mar 24, 2022

vanzandt said:
cash is 4493 as i type.
spx
pretty sure we'll be lower tomorrow.
i wouldn't be surprised if we close red today

Hmph. No excuse. Tomorrow's not here yet, but that doesn't matter, It was a loser call.
I threw the "tomorrow" in, but whatever. I just threw that in. Wrong wrong wrong.

Buy1Sell2 said:
I think we have more bounce prior to that. But yes---definitely headed down longer term.

Good call once again B1. I spoke too early. :banghead:

Laissez Faire · Mar 25, 2022

A good chance we put in the LOD now (4511.75), although it's still a bit early on the Open.

Laissez Faire · Mar 25, 2022

Most of my weekly/daily biases already hit by now, so no strong edge for how this day unfolds from here.

But, if we take out 22/24 and get some traction, I think it's not completely crazy to see 4590 by the Close.

Laissez Faire · Mar 25, 2022

Gentlemen and ladies. We have lift-off.

Buy1Sell2 · Mar 25, 2022

Buy1Sell2 said:
Market still has some wiggle room long to 4500 or mid 4500's perhaps prior to fresh downward swing in my view.----Doesn't mean it will go that high, but that's the leeway that I see. It could very well top right here at 4400. ---Watching closely

Let's see if the mid 4500's begin to show us the way down in the near future----

Buy1Sell2 · Mar 25, 2022

Interesting area here in XLF as we are right at the place where we had the gap and island reversal at the left side of the chart--

Relentless · Mar 25, 2022

Laissez Faire said:
Gentlemen and ladies. We have lift-off.

You jinxed it!

Jk. Looks like a range day with false BO's on both sides for now (which is to be expected).