ES Journal - 2021/2022

vanzandt said:
get long
3976
More...
Just to keep it real.... this was a bad call.
It might have went up a little after I post it, and before it dropped, and the following day it was right... but I'm not afraid to admit, from where I was coming from, I was wrong on this one.

My current opinion for tomorrow at least... down we go.
>>>>3965 as I type.
Use 3975 as a set and forget limit short entry tonight.
stop it out at 79
I doubt either will hit.
Down we go.
jmho
 
c1rcle said:
Me too. Not seeing anything bullish here. Just pump and dump after pump and dump.
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Ya know, when I read this post, which was in response to mine once removed.... I took you very seriously fwiw... for real.... and I expanded the time frame way out. Like 15 years... since I am on the record here for saying there will be a re-test of 4400 by years end. But I have to admit, I think you are right.
Just give it time.
 
vanzandt said:
Just to keep it real.... this was a bad call.
It might have went up a little after I post it, and before it dropped, and the following day it was right... but I'm not afraid to admit, from where I was coming from, I was wrong on this one.

My current opinion for tomorrow at least... down we go.
>>>>3965 as I type.
Use 3975 as a set and forget limit short entry tonight.
stop it out at 79
I doubt either will hit.
Down we go.
jmho
More...


I reckon it could easily take off upwards from just around here though. So could be right still. I am staying short for now though.
 
c1rcle said:
I reckon it could easily take off upwards from just around here though. So could be right still. I am staying short for now though.
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Could easily happen.
That post was based off of my analysis of last week.
Either way, there's near term and long term.
That 15 year chart was an eye-opener.
Not that Ihat I have never looked at it before... of course I have... it's just things change,
My 4474 call by year end was the quintessential contrarian in me.... but in reality... sub-3000 is a real possibility, all things being equal.
Now if Putin gets whacked or dies.... all bets off and we go back to the drawing board. But for now, I think the trend remains down.
Especially near term.
 
schizo said:
I would suggest you consider dumping and start over with a clean slate on Monday. Since the bears failed to bring the market lower all this week, we might gap up on Sunday. Just a hunch. (FYI 4120 is the upside target, hint hint)
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Always worth considering an opposing viewpoint. But glad I stayed short. :-)
 
Last week was either a consolidation or a reversal on the daily. I don't hold a strong opinion. Not convinced we'll get a strong end of year rally like many here seem to believe, but could be enough juice here for another move above 4K.
 
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