ES Journal - 2021/2022

Covered all 20 at 4271.50 for 43 pts . Just a trade . I won’t hold and go big till I see weakness and the potential to reverse trend . Were still in a vicious uptrend . Although I rarely post trades I got tired of watching all these guys trying to pick tops getting murdered . I came in off the street and nailed 2 straight trades countertrend in the face of a huge rarely seen uptrend . Watch and learn . From time to time I’ll post trades . Pay attention!!!
 
Laissez Faire said:
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Update.

Yesterday (Tuesday) and today marked out an FBO of that supply zone just north of 4300.

It wouldn't be odd if we traded a bit lower from here by week end, but it's hard (for me) to judge if we'll just see some ranging before moving even higher or if we can actually see a major move lower.

I can see more than two scenarios unfold next...

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55.5 points today, plus last 3 days scalping, almost break even for the 100 points loss last Friday. Seems almost top on daily chart, better be safe than sorry.
 
One thing that irks me is that the we didn't break below yesterday's low. So we're technically not out of the wood yet. If we can just nudge below that point, we'll see a good selloff due to stops.
 
Feels like a ton of people shorting here . We go sideways a few days to a week we could get another quick move up . Need several days of downside and failure rally’s to get a change of trend here . People in disbelief with all the bad news how we rallied so much .
 
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