ES Journal - 2021/2022

SunTrader · Nov 17, 2022

Came close to a 61.8% retracement (3951.00) of RTH gap down. Short so far by 1 1/2 pts.

c1rcle · Nov 17, 2022

SunTrader said:
Came close to a 61.8% retracement (3951.00) of RTH gap down. Short so far by 1 1/2 pts.

I think it could get back to 3951 SPX soon. I will look to short again there too.

I'm surprised it broke above the 3921 level. I put in a few shorts there. I wonder if some other like minded people did the same and created a short squeeze.

SunTrader · Nov 17, 2022

c1rcle said:
I think it could get back to 3951 SPX soon. I will look to short again there too.

I'm surprised it broke above the 3921 level. I put in a few shorts there. I wonder if some other like minded people did the same and created a short squeeze.

I shorted 3928 twice with not so good results. Can't win 'em all.

Then I went long getting some of it back.

c1rcle · Nov 17, 2022

SunTrader said:
I shorted 3928 twice with not so good results. Can't win 'em all.

Then I went long getting some of it back.

In hindsight the hourly was oversold, so I probably shouldnt have shorted there then.

SunTrader · Nov 17, 2022

Approaching yesterday's low (full session) 3962.00 - might get some sort a reaction?

c1rcle · Nov 17, 2022

SunTrader said:
Approaching yesterday's low (full session) 3962.00 - might get some sort a reaction?

Yeah I am going short again here.

mervyn · Nov 17, 2022

ES is slow, long at 3943.

c1rcle · Nov 17, 2022

Could be a fib bounce down here. Or maybe just a retracement

formikatrading · Nov 17, 2022

Betting on risk-on day tomorrow.

Overnight · Nov 17, 2022

formikatrading said:
Betting on risk-on day tomorrow.

Tough call, as tomorrow is op-ex for the month. Could get spicy!