This has major potential to get incredibly ugly.... We couldn't even squeeze any ES shorts after getting so close to last relative high on Daily. That's generally a pretty weak sign, that there isn't serious buying interest.
ES Journal - 2021/2022
- Thread starter Buy1Sell2
- Start date
14583-14648. Huge potential support area down here on NQ. Will potentially look for a long in this area. Can't say I am overly excited about it... but if it gets there will see what it looks like.
Another play is the first huge rally (like at least 65-95 NQ points if not more) I will look to fade. generally after prolonged down draft the first spike up has difficulty holding.
Another play is the first huge rally (like at least 65-95 NQ points if not more) I will look to fade. generally after prolonged down draft the first spike up has difficulty holding.
Apparently, that was an overreaction.
First hurdle above is 4550. Let's see if that reverses this or if we blow right through.
First hurdle above is 4550. Let's see if that reverses this or if we blow right through.
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Holding...
If we pop above 4550 - @tiddlywinks might get his Outside Day.
Just going to wait and see if yesterday's range get accepted here now. Could still reverse and go south.
But if not - I assume 4580 could be in play by EOD.
But if not - I assume 4580 could be in play by EOD.
Cleanest up trend I've seen in a long way. Free money for all. 
Off to do something else now, but would be surprised if this is not an Outside Day by the Close.
Off to do something else now, but would be surprised if this is not an Outside Day by the Close.
terrible analysis by me. Got overly bearish with bias instead of following my chart. Rookie mistake. Did stop out and flip long, but slightly down still.