short 4317
12 point stop
12 point stop
ES Journal - 2021/2022
- Thread starter Buy1Sell2
- Start date
DCB?
I don't see a clear sign of what 'algos' are doing at the present. This USUALLY happens while PA is trading sideways. That said, I'd stay away from trading in such condition.
Dead cat bounce?
That's interesting I can't see it too clearly here either. Other than they setup distribution zones on larger time frames, which is inherently bearish, but at this point pretty obvious to almost anyone they have selling intention on a macro level.
The only real setup I saw today clearly was clearing that overbought to 13880 and than expecting a bounce. That was a typical algo(or whoever, whatever it is) setup at least from my perspective they use often(effective in both squeezing shorts and than squeezing longs) and was actually pretty precise and clean. Other than that, I've just been leaning on the macro charts and fading rallies.
AAPL is flirting with getting above it's Daily resistance I have at 166.55 I am currently being careful on fading this rally.
Bullys trying to cement a temporary 2 bottom floor here @ 69.....
And doing quite well.
I anticipate 4410-20 sell zone to be revisited on this move North... Need to get past Globex hi of 56 ....