ES Journal - 2021/2022

Bull flags occur during upmoves. The 5 minute chart is in sideways action right now. I see what you are seeing, but I don't think it's significant. Can there be further bounce?---Yes, but staying short right now.

tomatoes, tomahhhtoes. My assessment was right. If u bought the flag or pennant or what not, you’d have made money. And it didn’t get 10-20 points over the previous high. Sometimes I know what I’m saying. It must be a blue moon tonight lol
 
tomatoes, tomahhhtoes. My assessment was right. If u bought the flag or pennant or what not, you’d have made money. And it didn’t get 10-20 points over the previous high. Sometimes I know what I’m saying. It must be a blue moon tonight lol

you are a wise man :D
 
Just too weak of a push on NQ/ES so far. 13761-13826 is a huge area of support here on larger chart. See if this area holds for another push up... don't think it does personally but important to stay away from predicting too much and just trade what is. So, currently flat and waiting now.

If we start trading much below 13761 though on NQ, that's pretty rough. Generally if market still has bullish intentions this large zone would hold here.

EDIT:
13792.00 and 13777.50 are uncleared overbought levels from move up as well. So, would think we would go closer to the lower end of support here (13761). Late on posting this forgot about the levels, since we had such a power move up.
 
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Just too weak of a push on NQ/ES so far. 13761-13826 is a huge area of support here on larger chart. See if this area holds for another push up... don't think it does personally but important to stay away from predicting too much and just trade what is. So, currently flat and waiting now.

If we start trading much below 13761 though on NQ, that's pretty rough. Generally if market still has bullish intentions this large zone would hold here.

EDIT:
13792.00 and 13777.50 are uncleared overbought levels from move up as well. So, would think we would go closer to the lower end of support here (13761). Late on posting this forgot about the levels, since we had such a power move up.

Apart from the major fib level support
 
Closed my long here I am flat. Personally not shorting this move yet.... indicator showing a lot of trapped shorts here on larger time frames. Just don't want to risk getting caught.
 
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