ES Journal - 2021/2022

[mervyn]

26 points today, done.

plan to go long if jp takes 100 points hike off the table.

 

[vanzandt]

u guys better get long
3855
fair warning

strap in.....3860

 

[Concinnity]

I wonder who plans to go long at this point before the weekend? Perhaps we will see a drop in the next 30 mins

Yeah I am looking for another short on this pop if can find one, but what is concerning is how ES made those two dips down while I was napping and we broke the low on one. So certainly possible we get another leg up here.

 

[mervyn]

strap in.....

Another hour to go, a bull trap imo.

 

[schizo]

Short 83.25 (actually adding to existing short)

SL: open for now

 

[vanzandt]

Another hour to go, a bull trap imo.

Or a brutal short squeeze?

 

[vanzandt]

Another hour to go, a bull trap imo.

The bulls left the room early. All short money in the pot now... and you know what that means....

 

[vanzandt]

3865....
now they're all trapped, wondering what to do.
Here comes the next part... good money chasing bad via dollar cost averaging as they try to their fix their positions hoping for the drop and feeding the fire.
I don't think its gonna come today.
We might even close green.

 

[Concinnity]

Now the short here? after going above highs? 3872.50 area of interest for me

 

[schizo]

3865....
now they're all trapped, wondering what to do.
Here comes the next part... good money chasing bad via dollar cost averaging as they try to their fix their positions hoping for the drop and feeding the fire.
I don't think its gonna come today.
We might even close green.

I dunno about you, but it just looks like a good ol' whipsaw to me. Nothing to write home about.

I wouldn't be at all surprised if we drop back down to the LOD, ending the day within the trading range.