ES Journal - 2021/2022

[Buy1Sell2]

This is an interesting dichotomy. The weekly shows down all the way, while the daily is potentially forming right shoulder of IHS. When in doubt, I defer to whichever chart is longer term for the macro move.

 

[Spooz Top 2]

Truth be told, I anticipate on being under 4K relatively soon… I just don t see much upside potential here aside from a PPT short squeeze to shake out weak shorts… which will be an opportunity to back up the truck and load up..
Just don’t see the opportunity presenting itself anytime soon… hope I’m wrong!

 

[c1rcle]

This is an interesting dichotomy. The weekly shows down all the way, while the daily is potentially forming right shoulder of IHS. When in doubt, I defer to whichever chart is longer term for the macro move.

I wonder whether some people are also seeing where we are right now as a fib retracement on the daily so trying to go long

 

[Buy1Sell2]

XLF has now taken out the Jan 2022 low

 

[c1rcle]

I wonder whether some people are also seeing where we are right now as a fib retracement on the daily so trying to go long

 

[Buy1Sell2]

XLF has now taken out the Jan 2022 low

View attachment 279756

Only thing standing in the way now of financials meltdown is the July 2021 low.

 

[Spooz Top 2]

This is our 3rd push down … reactionary move north very likely… covered flat at 27 here…

 

[tiddlywinks]

Nobody trading this bad boy today?

Trading currency futures has captured my interests. Interestingly easy for me. What can I say.

5 minute currency futures chart array...

 

[Buy1Sell2]

I wonder whether some people are also seeing where we are right now as a fib retracement on the daily so trying to go long

Certainly some folks are. ES/SP is a "long only" market.

 

[c1rcle]

Certainly some folks are. ES/SP is a "long only" market.

Well it looks like this break out downwards is failing so i might join them soon and go long.