ES Journal - 2021/2022

Concinnity said:
I still think it may provide it later after the FED reaction. But today probability was long for tis morning. Been too easy to short lately, plus as mentioned ES/NQ Daily chart no longer oversold. Once oversold stops after prolong down period, that is when the up move will happen. Just the way it works.

As long as NQ is trading above 14450 here, this is still a long to me. We're trading above a big distribution zone pretty consistently, that has been where we have been selling off from a while now. There are very likely a lot of shorts trapped here.

Of course that is juxtaposed with larger charts still being overall crappy. So, how that math works out, have no clue really but this would typically be a good forced short covering setup, if you exclude the other factors which may make it fail.
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Yup got the short squeeze in first.
 
c1rcle said:
I reckon we will get back to the 12,24 daily EMA lines, one of the two and then start to go south again.
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Not far now

upload_2022-1-26_19-9-16.png
 
Concinnity said:
Yup got the short squeeze in first.
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Still got a ways to go to see if we tag 4486ish on ES and 14870ish on NQ.
Concinnity said:
I have NQ 14110-14210.00 big area below us on large chart if we just dump on fed as area of interest for potential long. In the event 14450 doesn't hold and this short squeeze setup fails.
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This is too fast to comment, but got the short squeeze as expected and than NQ pulling back to this huge 14110-14210.00 support zone. Looking for longs now, but difficult action to trade. I do not expect us to hit the upper targets I had now though... if that isn't obvious based on the action lol.
 
Spooz Top 2 said:
Nice OVB off lo’s … buy stopped in long at 10.50… action is way too fast to type entries & exits….
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& flat & out off that rip… looking to sell into any over night lifts as Heavies are in charge…
Looking at 60-65 for potential sell zone here or on Globex over nite session
 
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