ES Journal - 2021/2022

[ElCubano]

Crickets...................................................................................................................

Chirp Chirp

 

[RXIS]

What the heck! I step away for a couple of days and it all comes tumbling back down.

 

[newbie463]

R2 to S2 on the weekly pivots

 

[wiesman02]

still no drop. Short squeeze. I’m quite surprised it hasn’t found any weakness yet. Looks like little scalps today for me until we rollover. We are in the nose bleed section right now

this comment didn't age well. I think i made that comment at the absolute top around 4500. LOL

 

[formikatrading]

Multiple time frames help. That was the one thing I kept coming back to was that my monthly charts looked bearish going into April.

I want to avoid trading on days like yesterday. Could anyone help me find parameters to predict such a day? Obviously the market is waiting for Powell to speak today but chartwise - how would I predict such a day incomming?

 

[formikatrading]

Also, I think having some objective indicators that tell you market momentum are helpful, I know Overnight argues that no one can predict anything, but this indicator gave a warning even ahead of 2020 meltdown. I like this because the MACD gives an alert and then the parabolic SAR gives a confirmation:

I want to avoid trading on days like yesterday. Could anyone help me find parameters to predict such a day? Obviously the market is waiting for Powell to speak today but chartwise - how would I predict such a day incomming?

 

[David's faith]

Also, I think having some objective indicators that tell you market momentum are helpful, I know Overnight argues that no one can predict anything, but this indicator gave a warning even ahead of 2020 meltdown. I like this because the MACD gives an alert and then the parabolic SAR gives a confirmation:

View attachment 282942

Thank you very much. Will definetly have a look. Are you laying these indicators over the SPX?

 

[formikatrading]

That one is a customized all-US stocks momentum indicator.

But here is all-US advance-decline line over the S&P:

Thank you very much. Will definetly have a look. Are you laying these indicators over the SPX?

 

[Buy1Sell2]

Thoughts?

 

[vanzandt]

Futures are red. SPY down .45% pre-market. Ditto the Q's.
I'm gonna go out on a limb here with a btfd call.
This market reeeally wants to go higher.
I think a lot of weak hands were shaken out Friday and yesterday morning.
If they do start climbing at the bell, it'll be a very swift climb.