ES Journal - 2021/2022

Been in a down channel since we peaked Sep. 3rd.

Could we reverse and rocket higher? Sure. Likely? No.
I don't see the channel.
Even before today, the channel broke on 10/7

upload_2021-10-14_11-48-8.jpeg


Now with the Fibs...
Here we have the same chart, SPY, and a target.

upload_2021-10-14_11-49-48.jpeg
 
Yesterdays OVB/ Bully Engulfing Bar combined with the always undeniable IHS on the Daily had
a Rippity Rip --- Gap n Go North written all over it for this morning! Took my meager profit yesterday after being up substantially... left quite a few Shekels on the table from previous swing lo... This Vol is a license to print presidents & the Life Blood to us Gunslingers!
-Good Trading
 
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