ES Journal - 2021/2022

Still has 90 minutes left and a lot could happen, right? I don't see the daily chart looking bearish. Possible micro double top, but also an H2 buy setting up.

Today is inside day. So far. If it stays like this, even if SPX closes below yesterday's close, it will be above today's open. So a bull day if it closes above 4578.75?

I think we might get more "Santa Claus" rally they call it? Just a little breather here maybe?

I think Friday we see highs again. Maybe?
 
All this negativity and all we did on S&P and NDX is test the 20-day MA. I took position in TNA today as it tested the 50-day (also NUGT and GBTC). Breadth was stronger in the Nasdaq Comp compared to S&P / NDX so figured I would take a shot with the beaten-up small caps -- get ready for the Santa Clause Rally!
 
formikatrading said:
All this negativity and all we did on S&P and NDX is test the 20-day MA. I took position in TNA today as it tested the 50-day (also NUGT and GBTC). Breadth was stronger in the Nasdaq Comp compared to S&P / NDX so figured I would take a shot with the beaten-up small caps -- get ready for the Santa Clause Rally!
More...

I don't understand why all the negativity? Why do you think so many thinking market is in trouble?
 
You must log in or register to reply here.
Back
Top