ES Journal - 2021/2022

[Laissez Faire]

Big move coming - one way or the other. I hold no strong opinion.

I just have a hunch that playing the short side won't be as easy, i.e., massive counter rallies. So, as I lack a bit of conviction I'm just waiting a bit here.

 

[Laissez Faire]

Range low (80) held. I'm long with a B/E stop from this zone.

 

[Laissez Faire]

Maybe I should become a scalper again. Had a ton of + 5 unrealized go back to B/E or B/E + 1 tick today.

Just happened again. Leaning long as long as this range holds.

 

[SunTrader]

The range I was watching to see which would break was 3820-3792

3792 broke then turned around and became resistance @ 10:15

 

[SunTrader]

I might be wrong but "they" are holding this thing up, but can only do it for so long. Cumulative $TICK's tell the story and the story today so far is red and down

 

[SunTrader]

And %volume ADline below 50%. Some like R2K, NazComp, NYComp are even lower.

 

[Laissez Faire]

I might be wrong but "they" are holding this thing up, but can only do it for so long. Cumulative $TICK's tell the story and the story today so far is red and down

Yeah. NQ is leading lower now.

I'm a bear, but I struggle to short this. Please help...

I think I'm afraid that "they" will show up as soon as we make new lows.

 

[SunTrader]

Yeah. NQ is leading lower now.

I'm a bear, but I struggle to short this. Please help...

I think I'm afraid that "they" will show up as soon as we make new lows.

Well $SPX has been making new lows past 3 minutes. To me that confirms ES won't be far behind.

But I learned long ago not to chase.

Instead sell into the rip with my signals ok.

 

[Laissez Faire]

Well $SPX has been making new lows past 3 minutes. To me that confirms ES won't be far behind.

But I learned long ago not to chase.

Instead sell into the rip with my signals ok.

Yes. Best to sell those rips (or just below a swing high). I just stopped out on a bad chase entry. Taking a breather here.

 

[ElCubano]

we will go positive by the EOD.