ES Journal - 2021/2022

[Laissez Faire]

Yeah. A bit surprised by this drop in July to be honest. Maybe I shouldn't be?

Open gaps below @ 4280,25 and 4286,50.

Next below that at 4256.

I would imagine that a 50-70 point gap down on the RTH Open would be a great buy at least for a fast counter-move on the Open.

 

[Girija]

market on a nice dip and news agencies struggling for a reason so they blame bonds this time. Whatever. Just keep this volatility coming

News from China. Announced lower reserves, concerned about growth.
Perhaps we will reverse as day moves on.

 

[Laissez Faire]

News from China. Announced lower reserves, concerned about growth.
Perhaps we will reverse as day moves on.

Guess someone made a big mistake thinking the stock market have anything to do with the economy.

This is way overdone, IMO, but the market is thin in ETH. If I wasn't already long one contract from 4300, I would have bought 4280 with some size, but not interested in 'averaging down' on this one just in case.

 

[wiesman02]

Guess someone made a big mistake thinking the stock market have anything to do with the economy.

This is way overdone, IMO, but the market is thin in ETH. If I wasn't already long one contract from 4300, I would have bought 4280 with some size, but not interested in 'averaging down' on this one just in case.

I’m in from 89. At 04 I wasn’t gonna touch it but at 89 I figure it’s good for 20 easily

 

[Laissez Faire]

Over the last 5 years the largest day down in July (net change) was - 1,2 %. Currently, we're down - 1,6 %.

My predictive model suggests a very high probability of trading back inside and closing inside yesterday's range, but can't rule out a dip on the Open. Say within the 1st 30 minutes.

Unless today is one of those days...

 

[virtusa]

Where are the dip buyers

They are waiting for the dip...

 

[Girija]

They are waiting for the dip...

Holding pattern until jobless news.

 

[wiesman02]

They are waiting for the dip...

my retirements have been waiting for the so called “dip” about 4% ago. That’s a lot of $ to leave on the table. Hoping this can fall under 4200 so I can be right

 

[Girija]

my retirements have been waiting for the so called “dip” about 4% ago. That’s a lot of $ to leave on the table. Hoping this can fall under 4200 so I can be right

Unlikely to see such a drop now wo reaching circa 4400. (In my opinion not to be misconstrued as talking against u)

 

[wiesman02]

Unlikely to see such a drop now wo reaching circa 4400. (In my opinion not to be misconstrued as talking against u)

No hard feelings. That’s what makes a market.....differing views and opinions. Besides, I’m not all out. Only 50%.