ES Journal - 2021/2022

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Looks like decent chance of an explosive move coming soon here. If it's up an upside move going to look for bearish divergence and fade it.


double pop, double fade. Got some of the second one, only very little of first one. Was hoping for higher pop. Pretty weak move up given readings, barely one candle of up movement on the 65 point NQ chart.
 
Range bound move back to 4320 ? Loaded up and ready just in case 10 handles ago at 4233

4320 today?

Not very likely, IMO, but with current volatility everything is in the cards. If we clear 60 with some momentum I would assume 85 is possible, but still a far reach.
 
Range bound move back to 4320 ? Loaded up and ready just in case 10 handles ago at 4233


hmmm I think highly unlikely as well that ES goes that high by EOD. Need above 4249 decently, to have a shot at any type of bull move and NQ above 13507.

Maybe get short covering to 4259 or 4268. Not seeing us getting above that. I'll never say never of course, just think very low probability.

EDIT: In the unlikely event ES does trade above 4268. I would certainly look for a short squeeze set up for myself personally.
 
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