ES Journal - 2021/2022

formikatrading said:
Here comes the face ripper. But I'm always bullish, right @Laissez Faire?
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Absolutely, right. You've been persistently calling a bottom ever since the last medium-term top. Maybe this one will be correct. :)

If you go 7 bars to the left on that 2002 chart there appears to be a fairly large up day as well which sold off. Bear market rallies are known to be brutal. How many including you believed we had bottomed out after the prior rally preceding last month's CPI?

I think this market is making a fool of everyone who's trying to predict anything medium/long-term. Even short-term.

Yesterday was an interesting day for sure and it would be interesting to know more about the why of that move. Fundamentally, not much seems to have changed though. Inflation is still high and the FED is still determined to kill inflation.
 
Buy1Sell2 said:
Double Bottom now exists on daily chart. It does not show itself yet on weekly or monthly. Likely more downside to come at some point in the future. Right now, daily would have an upward bias.
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This! @Laissez Faire

I also see another super reliable confirmation in WLSH that none watch here, it seems. Let it rip bulls!
 
I know we both got bullish too early but I'm positioned for the face ripper!

Master Pu said:
Yeah, it's not really of much importance since SPX is the one that's being watched the most, but for a confluence of signals, it can come in handy, just like some would watch what DJTA does or what crude is doing.
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vanzandt said:
Its probably not a good night for trading unless you bracket a range with limit orders of approximately 52 points on the ES.
It's chop for now. Let it come to you.
>>>>>>
images

edit... use 54
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Hey what was the high to low range last night after I made that post?
3715-3661 = 54.
:sneaky:
 
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