ES Journal - 2021/2022

[ElCubano]

Not looking for a real floor / fight until about 4540. That bounce yesterday was dead cat as much as a dead cat can be.

shook me out of half my position.

 

[Relentless]

shook me out of half my position.

Doh! Not NFA. Make sure you do your own due diligence and stick to your trading plan.

Honestly it really just depends on your hold times and how you trade. I still expect to see that level at the very least in the near term.

 

[NumberZ]

Last trading day of the month and now all indexes but NDX are red for the month after outside-outside breakout. So November is a failed breakout. Unless big reversal in next 80 minutes.

Down goes Frazier?

 

[NumberZ]

Santa must have covid.

 

[mervyn]

L 4590

 

[Builder17]

i know its a rough day when i draw too many trendlines

 

[Buy1Sell2]

Santa must have covid.

Santa rallies are normally post-Christmas I thought.

 

[NumberZ]

Santa rallies are normally post-Christmas I thought.

I thought Santa rally into Christmas. But I guess any rally this time of year will be a Santa rally.

You still short @Buy1Sell2?

 

[Buy1Sell2]

I thought Santa rally into Christmas. But I guess any rally this time of year will be a Santa rally.

You still short @Buy1Sell2?

Yes staying short. I would like to grab at least 250 points on this trade.

 

[Buy1Sell2]

https://www.investopedia.com/terms/s/santaclauseffect.asp

What Is a Santa Claus Rally?
A Santa Claus rally describes a sustained increase in the stock market that occurs in the last week of December through the first two trading days in January.