L 3828.25 I wd probably set tgt for 39.75 depending on action not decided if I will hold longer. Since morning waited so long to confirm and then took 2 scalps. My husband is kinda mad at me rt now. He doesn't get it that ytd I am still positive. My bot made some money on inverse etfs and svxy entries which it hasn't exited yet but the drawdown on futures was excessive. I hope will make up as we move on.
ES Journal - 2021/2022
- Thread starter Buy1Sell2
- Start date
Instead of hope, let's look at facts...
The last three times the market rose approx. 180 points bottom to top what followed next was a pullback (of various degrees). While I'm kind of bullish, too, I just can't justify entering here for a swing long.
Even a bull market retrace...
The last three times the market rose approx. 180 points bottom to top what followed next was a pullback (of various degrees). While I'm kind of bullish, too, I just can't justify entering here for a swing long.
Even a bull market retrace...
Out at 3715.50 for gain of 15.50 pts
A strong Tuesday preceded by a strong Monday usually sets up at least a positive Wednesday and not unlikely a strong one either.
A gap down open tomorrow would be a gift, but I'm not hopeful.
A gap down open tomorrow would be a gift, but I'm not hopeful.
Short term swing trend is definitely up but may be exhausted. Longer term trend is down , so I'll be looking for shorts predominately.
I have to say I struggle a bit to see the long term trend being down. We closed - 1.17 % from the all time high today as the push lower from last week failed to continue...
Let's see where this goes.
Short 1 MES at 3828.00. Stop 3835.00, target 3815.00. Low confidence trade, but it’s only money!
