ES Journal - 2021/2022

Could still drop here. I don't have a good read, so figured I might take something at least.

Gap risk over the weekend goes both ways, i.e., a huge gap up or lower could both happen.
 
wiesman02 said:
Take a look at a 4 hr chart. Looks like they’re gonna try to develop a W reversal. This has been the go to reversal over the last few years on dips. I’m expecting it to fail obviously. So maybe we need at at least 4 bars of consolidation before a drop. Looking at the weekly, the lows of 3 weeks ago are in okay for Friday, but next week is more likely.

look for a good spot to go short and hold over a few days IMO is best play
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so far it’s playing out perfectly. Too bad my retirement accounts aren’t. I never sold lol
 
Spank the over night lifts… path of least resistance is South … no signs of reversals in sight as of now! Picking bottoms exacerbates the selling….
 
Took a few scalps here on the short side after this drop, but I'm feeling a bit late on the short side, so calling it a day and an early weekend.

If we should tank into the close (unlikely?) - maybe I'll find the confidence to add a swing over the weekend. But probably not.

Have a good weekend you all. And let's pray it's a peaceful weekend in Europe.
 
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