ES Journal - 2021/2022

[tiddlywinks]

Better to keep an ear on the tax changes and geo-political event risks, rather than the already in the pipeline inflation. JMO.

 

[Zodiac4u]

For the time being the NAZ found its bottom,

 

[Master Pu]

For the time being the NAZ found its bottom,

Nooooooo

 

[donnap]

Tough market, but donnap's Salvage Yard was in full operation today.

Mostly long MES w/ES put and short call overwrite hedgies expiring today. Did particularly well with the dirt cheap 4160P and the MES longs to a lesser extent.

And took in 2 pts. on this fly.

Well, completed the fly for .50 or $25 credit. +4140 -2 4150 +4160

My week so far in ES products...roughly.

Mon. +300
Tues. -500
Wed. +400

Not great, but it beats the hell out of yesterday's fiasco.

Onward and upward.

 

[Zodiac4u]

Nooooooo

Yes I just got back and I see that it failed, I still see nothing big going on, the hourly ES is still showing pretty much the same thing,

 

[Master Pu]

FWIW 3RD LOWER HIGH IN 240MIN CHART ES

Often substantial thrust down following 3rd lower swing high

 

[Master Pu]

Here is an interesting fact, out of the last 18 times there was a pullback in the NDX it has touched the weekly 20 SMA 18/18. Where is 20 SMA on the weekly? 13,300.

 

[Laissez Faire]

My statistical model suggests a good chance we'll open below 50 today. So, I'm thinking maybe lower before higher, but if lower - should be a very nice buy.

So maybe Master Pu will get his NQ 13300 target today.

 

[Zodiac4u]

The daily chart has not changed much since yesterday, yes the smaller timeframes have been wiggling every which way,

 

[Buy1Sell2]

Long 4174.50 Initial stop 4098.00